Service Properties Trust entered into a new $650 million secured revolving credit facility. The maturity date of the new facility is June 29, 2027, and includes two six-month extensions at the borrower’s option. Interest paid on drawings under the...
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July 07, 2023, 07:55 AM
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Gladstone Commercial Corporation amended, extended and upsized its syndicated revolving credit and term loan facility from $325 million to $480 million. The term loan component was upsized by $135 million, while the revolving credit facility was...
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August 19, 2022, 07:14 AM
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Hersha Hospitality Trust, owner of luxury and lifestyle hotels in coastal gateway and resort markets, announced the Company closed on the refinancing of a $500 million Senior Secured Credit Facility and the closing of the first tranche of six of the...
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August 05, 2022, 07:35 AM
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Physicians Realty Trust, a self-managed healthcare real estate investment trust, announced that it entered into a third amended and restated credit agreement (the "Credit Agreement"), extending the maturity date of the Credit Agreement from September...
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September 29, 2021, 07:45 AM
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Coworking providers have established a sustainable position in key global office markets, due to a fundamental and generational shift in office demand trends, and are benefiting the US office REIT sector, according to Fitch Ratings. WeWork, one of...
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March 14, 2019, 08:00 AM
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Griffin Capital Company, LLC announced on behalf of Griffin Capital Essential Asset REIT II, Inc., the expansion of the REIT’s credit facility from $550 million to $750 million, expanding the availability of flexible and cost-effective capital to...
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July 13, 2018, 07:23 AM
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PREIT announced the execution of a modification and extension of its $400 million unsecured Revolving Credit Facility and two of its $150 million 5-Year Term Loans, totalling $300 million. Terms and conditions remain substantially the same as its...
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May 29, 2018, 07:05 AM
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VEREIT, Inc., a Maryland-based realestate management firm, entered, into a $2.9 billion credit agreement dated as of May 23, 2018 by and among the Operating Partnership, as borrower, the Company, as guarantor, the financial institutions from time to...
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May 24, 2018, 07:15 AM
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American Finance Trust, Inc., a public non-listed REIT which owns a well-diversified $3.5 billion portfolio of single-tenant office, distribution and retail and multi-tenant retail and lifestyle center properties, announced that on April 26, 2018...
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May 01, 2018, 07:07 AM
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Industrial Logistics Properties Trust announced that the syndication of its $750 million unsecured revolving credit facility has closed.
The maturity date of the credit facility is December 29, 2021, with the option to extend the maturity date for...
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March 20, 2018, 07:24 AM
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Capital One announced that it has added seven senior housing properties owned by subsidiaries of Healthcare Trust, Inc. (HTI) to HTI’s Fannie Mae credit facility. This transaction brings the total facility to $216.6 million, an increase of $64.2...
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March 15, 2018, 07:01 AM
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The Parking REIT, Inc. announced that it entered into a new $50 million senior secured revolving credit facility with KeyBank N.A. The credit facility is comprised of a borrowing base revolving credit facility with a maturity date of January 3, 2021...
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January 08, 2018, 07:25 AM
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ShopOne Centers REIT Inc., a private real estate investment trust focused on acquiring, operating and managing market-dominant, grocery-anchored shopping centers, announced today the closing of a $325 million senior credit facility. A portion of the...
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November 15, 2017, 07:21 AM
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Gladstone Commercial Corporation, a real estate investment trust focused on acquiring, owning and operating net leased industrial and office properties, announced that it amended, extended and upsized its existing, syndicated revolving credit and...
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November 01, 2017, 07:00 AM
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HCP, Inc., a Maryland-based Real Estate Investment Trust,, entered into a Credit Agreement, by and among the Company, as borrower, the lenders referred to therein, and Bank of America, N.A., as administrative agent. The New Credit Agreement provides...
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October 24, 2017, 07:11 AM
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Plymouth Industrial REIT, Inc. announced it has closed on a $35 million senior secured revolving credit facility with KeyBank N.A. The credit facility has an accordion feature that allows the total borrowing capacity under the credit facility to be...
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August 14, 2017, 07:44 AM
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Condor Hospitality Trust, Inc., a hotel-focused real estate investment trust (REIT) headquartered and incorporated in the state of Maryland, announced that it has secured commitments from three lenders to increase its current $90 million senior...
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April 25, 2017, 07:12 AM
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The multinational law firm of Allen & Overy represented BNP Paribas as sole arranger and administrative agent in connection with the $1.7 billion senior secured credit facilities for The GEO Group, Inc. and its subsidiaries, including a new...
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March 31, 2017, 07:15 AM
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Healthcare Trust of America, Inc. announced it had closed a new $1.1 billion senior unsecured credit facility consisting of a $800 million, five-year revolving credit facility and a $300 million term loan. The credit facility refinances the existing...
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November 21, 2014, 07:07 AM
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NorthStar Real Estate Income II, Inc. (NorthStar Income II) has entered into a $100 million credit facility with Deutsche Bank. NorthStar Income II will use the credit facility to finance first mortgage loans and senior loan participations secured by...
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July 18, 2014, 07:11 AM
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TIER REIT, Inc., a Dallas-based real estate investment trust, announced that it has closed a new secured, revolving credit facility. The facility is secured by six assets and has an initial commitment of $260 million and an accordion feature to...
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December 30, 2013, 07:51 AM
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