Westhoff to Lead Expansion Initiatives and Oversee 4M+ Regional Portfolio Management

HOBOKEN, N.J.: #chicago--Faropoint, a tech-enabled real estate investment manager specializing in last-mile industrial properties in high population growth markets, today announced the appointment of Will Westhoff as Senior Vice President and Market Officer for the Midwest region. In this role, Mr. Westhoff will oversee acquisitions, asset management, and construction practices for Faropoint's growing Midwest portfolio, which currently encompasses approximately 4 million square feet across 60 assets.

Mr. Westhoff brings extensive institutional investment experience to Faropoint. Prior to joining the firm, he served as Vice President of Acquisitions at Starwood Capital Group, where he was involved in over $4 billion of real estate investments across multiple asset classes throughout the United States. His background also includes experience as an Investment Banking Analyst with Deutsche Bank, where he covered M&A, debt and equity capital markets, and strategic alternatives for companies in the real estate, gaming, lodging, and leisure sectors.

"Will's deep market knowledge and institutional investment experience make him an exceptional addition to our leadership team," said Jordan Nathan, Head of Corporate Investments. "His expertise in sourcing and executing transactions in the Midwest aligns with our data-driven approach and growth objectives. As we continue to expand our presence in this strategic region, Will's leadership will be instrumental in identifying new opportunities and maximizing the value of our existing portfolio."

In his new role, Mr. Westhoff will lead a team of six real estate professionals, overseeing the Midwest market's acquisitions, asset management, and construction practices. He will focus on sourcing direct and marketed deals through strategic partnerships with local and regional brokers, tenant representatives, and direct property owners to drive Faropoint's growth in the Midwest. His comprehensive approach to building and growing an industrial portfolio will further strengthen Faropoint's position as a leader in the urban logistics and industrial real estate sectors.

"I'm thrilled to join Faropoint and its culture of driven real estate professionals who have demonstrated such impressive growth," said Mr. Westhoff. "The company's innovative, tech-enabled approach to industrial real estate investment aligns with the evolving needs of the market. I look forward to working with the Midwest team to build upon their track record while leveraging my experience and local relationships to identify compelling opportunities in this dynamic region."

A Chicago native, Mr. Westhoff earned his BBA in finance and real estate from the University of Wisconsin-Madison. He is an active member of NAIOP national forums and the Urban Land Institute (ULI).

For inquiries or to learn more about Faropoint's investment strategies, please contact Ori Regev, SVP, Head of Product Marketing, at ori@faropoint.com.

About Faropoint
Faropoint is a tech-enabled, vertically integrated real estate investment manager specializing in urban logistics within the US industrial sector. With approximately 120 employees, Faropoint leverages data and deep market relationships to address inefficiencies in the industrial real estate market. The firm operates in 16 key US markets, securing off-market deals through its extensive broker network and strong local presence. Since its inception in 2012, Faropoint has acquired over 500 warehouses, representing more than $3.4 billion in industrial real estate assets. For more information, visit Faropoint.com.

Fonte: Business Wire