StratCap’s wireless infrastructure division, StratCap Wireless, has completed the acquisition of more than $35 million in data centers and cell towers. StratCap added an additional $35 million credit facility from Sunflower Bank, which it expects to expand over time to help facilitate future acquisitions.
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.
Strategic Capital Fund Management expanded its executive leadership team by hiring Scott Jacobs as vice president of acquisitions and asset management. Jacobs has experience in commercial real estate investment and business strategy.