Sunflower Bank expanded Strategic Data Center’s recently formed syndicated credit facility with the addition of First Foundation Bank as a lender. Strategic Data Center is a subsidiary of Strategic Capital Fund Management.
“Fresh off the heels of our recent acquisition of a Northern Virginia tier III data center, the confidence and commitment that First Foundation Bank has made to our company speaks volumes,” Bryan Marsh, CEO of Strategic Data Center, said. “This additional commitment to the credit facility helps provide us with greater flexibility as we seek to capitalize on the growing number of data center opportunities in our pipeline.”
“Data centers have played such an important role this year as much of the world has moved to a virtual environment. Investment opportunities abound in the space and we believe this credit facility helps Strategic Data Center further execute on its strategy,” Jim Condon, president of Strategic Capital Fund Management, said.