Monday, May 23, 2022
  • Events
  • Interviews
  • Jobs
  • Opinion
  • Whitepapers
  • Glossary
  • Community Forum
  • Web Hosting Directory
  • Login
  • Register
Cloud7 News
  • Cloud Computing
  • Web Hosting
  • Data Center
  • Linux
  • Cybersecurity
  • More
    • How-Tos
    • Network/Internet
    • Windows
    • Software
    • Hardware
    • Blockchain
    • Policy/Legislation
    • Video
No Result
View All Result
Cloud7 News
  • Cloud Computing
  • Web Hosting
  • Data Center
  • Linux
  • Cybersecurity
  • More
    • How-Tos
    • Network/Internet
    • Windows
    • Software
    • Hardware
    • Blockchain
    • Policy/Legislation
    • Video
No Result
View All Result
Cloud7 News
No Result
View All Result

Home > Data Center > Strategic Data Center Secures up to $200 Million

Strategic Data Center Secures up to $200 Million

Strategic Data Center announced it has secured a revolving line of credit that converts into a permanent loan from Sunflower Bank.

Erdem Yasar by Erdem Yasar
September 8, 2020
in Data Center
1 min read
0 0
0
Strategic Data Center Secures up to $200 Million
2
SHARES
11
VIEWS
Share on FacebookShare on TwitterShare on EmailFollow on Google News

Strategic Data Center Fund Manager secured a revolving line of credit that converts into a permanent loan. According to the announcement, the credit facility will initially provide the ability to borrow up to $25,000,000. The company also stated that it anticipates increasing the size of the facility to aggregate commitments of up to as much as $200,000,000.

Acquiring and developing

Bryan Marsh, Chief Executive Officer of Strategic Data Center
Bryan Marsh, Chief Executive Officer of Strategic Data Center

The credit line will enhance the company’s ability to continue acquiring and developing a diversified portfolio of data center real estate assets. Sunflower Bank expedited the close of the first $25 million of the line of credit to help facilitate the acquisition of a data center property. Bryan Marsh, Chief Executive Officer of Strategic Data Center said,

“We appreciate the confidence and commitment that Sunflower Bank has made to our company. This credit facility provides us with the flexibility to capitalize on the growing number of data center opportunities in our pipeline. It also serves as a testament to the Company’s investment thesis, operational strength, and ability to execute within the data center real estate arena.”

See more Data Center News


Tags: Bryan MarshStrategic Data Center
Share2TweetSendShare
Get free daily newsletters from Cloud7 News Get the Cloud7 Newsletter

Check your inbox or spam folder to confirm your subscription.

By subscribing, you agree to our
Copyright Policy and Privacy Policy
Previous Post

CloudCheckr completes AWS’ 80 in 80 development program

Next Post

Nozomi Networks’ OT & IoT Cybersecurity available on the Schneider Electric Exchange

Erdem Yasar

Erdem Yasar

Erdem Yasar is a news editor at Cloud7 News. Erdem started his career by writing video game reviews in 2007 for PC World magazine while he was studying computer engineering. In the following years, he focused on software development with various programming languages. After his graduation, he continued to work as an editor for several major tech-related websites and magazines. During the 2010s, Erdem Yasar shifted his focus to cloud computing, hosting, and data centers as they were becoming more popular topics in the tech industry. Erdem Yasar also worked with various industry-leading tech companies as a content creator by writing blog posts and other articles. Prior to his role at Cloud7 News, Erdem was the managing editor of T3 Magazine.

Related News

Airtrunk scales up in Japan with second Tokyo hyperscale data center

Airtrunk scales up in Japan with second Tokyo hyperscale data center

May 16, 2022 10:45 am
Windows Server VNext Insider Preview 25110 is ready

Windows Server VNext Insider Preview 25110 is ready

May 5, 2022 1:25 pm
Interxion to build a new facility in Belgium

Interxion to build a new facility in Belgium

April 21, 2022 4:31 pm
G-Core Labs indtoruced full-featured managed Kubernetes service

G-Core Labs introduced full-featured managed Kubernetes service

April 21, 2022 9:45 am
Next Post
Nozomi Networks' OT & IoT Cybersecurity available on the Schneider Electric Exchange

Nozomi Networks' OT & IoT Cybersecurity available on the Schneider Electric Exchange

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

I agree to the Terms & Conditions and Privacy Policy.

Editor's Choice

Interview with Igor Seletskiy on AlmaLinux

7 best hosting control panels

How to update Linux Kernel without rebooting?

7 best Linux mail servers for 2022

7 best cPanel alternatives for 2022

7 best Linux web browsers for 2022

cPanel Security: 7 steps to secure cPanel

7 best CentOS alternatives

7 best Linux server distros for 2022

How to scan your server for Log4j (Log4Shell) vulnerability

Best web hosting service providers

AlmaLinux 8.6 Stable is ready to download

Ubuntu 22.04 LTS is available for download. What is new?

Advertisement

Recent News

  • Weekly round-up: 16 – 20 May
  • Intentional user-unfriendly interfaces of popular services
  • Snap app of the week: Glate
  • Weekly tips & tricks: Linux #4
  • [Event] Live Webinar – WordPress: Don’t Underestimate the Power of Plugins

Our Latest Interview

Interview: Erez Barak, Vice President Observability of Sumo Logic
Interview

Interview: Erez Barak, Vice President Observability of Sumo Logic

by Atalay Kelestemur
November 25, 2021 3:23 am


Cloud7 News is a news source that publishes the latest news, industry news and exclusive interviews on web hosting, cloud computing, data center, cybersecurity and linux.

News Categories

  • Web Hosting
  • Cloud Computing
  • Data Center
  • Cybersecurity
  • Linux
  • Network/Internet
  • Software
  • Hardware
  • Blockchain

Our Free Modules

  • Events
  • Interviews
  • Jobs
  • Opinion
  • Whitepapers
  • Glossary
  • Community Forum
  • Web Hosting Directory

Get the Cloud7 Newsletter

Get FREE daily newsletters from Cloud7 delivering the latest news and reviews.

  • About Us
  • Privacy & Policy
  • Copyright Policy
  • Contact

© 2022, Cloud7 News. Latest Cloud Computing, Web Hosting, Data Center Industry and Tech News

No Result
View All Result
  • Cloud Computing
  • Web Hosting
  • Data Center
  • Linux
  • Cybersecurity
  • More
    • How-Tos
    • Network/Internet
    • Windows
    • Software
    • Hardware
    • Blockchain
    • Policy/Legislation
    • Video
  • Events
  • Interviews
  • Jobs
  • Opinion
  • Whitepapers
  • Glossary
  • Community Forum
  • Web Hosting Directory

© 2022, Cloud7 News. Latest Cloud Computing, Web Hosting, Data Center Industry and Tech News

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms below to register

*By registering into our website, you agree to the Terms & Conditions and Privacy Policy.
All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.