The City of Cleveland has rejected a $1.6 billion proposal by private credit firm Lakeland Equity Group to build a massive hyperscale data center campus.
Lakeland is a private credit firm specializing in real estate investment, with a primary focus on providing capital to projects and sponsors facing funding gaps or equity shortfalls. The firm targets financial shortfalls ranging between $1 million and $10 million, maintaining a flexible approach that spans almost any asset class on a national scale.
The City of Cleveland has rejected a $1.6 billion proposal by private credit firm Lakeland Equity Group to build a massive hyperscale data center campus.