tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Industrial Logistics Properties Secures $1.16 Billion Loan

Story Highlights
  • Industrial Logistics Properties secured a $1.16 billion loan on June 26, 2025.
  • The loan was used to repay a $1.235 billion floating rate loan, impacting financial stability.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Industrial Logistics Properties Secures $1.16 Billion Loan

Elevate Your Investing Strategy:

The latest update is out from Industrial Logistics Properties ( (ILPT) ).

On June 26, 2025, Industrial Logistics Properties secured a $1.16 billion loan from a consortium of lenders, including Citi Real Estate Funding Inc. and Bank of America, among others. The loan, which is secured by 101 properties, bears a fixed interest rate of 6.399% and matures in July 2030. The company used the proceeds to repay a $1.235 billion floating rate loan and terminated the associated agreements without penalty. This refinancing effort is part of the company’s strategic financial management, potentially impacting its financial stability and relationships with major financial institutions.

The most recent analyst rating on (ILPT) stock is a Buy with a $5.00 price target. To see the full list of analyst forecasts on Industrial Logistics Properties stock, see the ILPT Stock Forecast page.

Spark’s Take on ILPT Stock

According to Spark, TipRanks’ AI Analyst, ILPT is a Neutral.

ILPT’s strong earnings performance and positive technical indicators are offset by financial challenges, including negative profitability and valuation concerns. The stock shows potential upside, but significant risks need to be managed.

To see Spark’s full report on ILPT stock, click here.

More about Industrial Logistics Properties

Average Trading Volume: 449,553

Technical Sentiment Signal: Buy

Current Market Cap: $306.2M

For an in-depth examination of ILPT stock, go to TipRanks’ Overview page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1