KKR and Blackstone Real Estate Income Trust announced a definitive agreement for funds managed by KKR to acquire a portfolio of 19 purpose-built student housing properties from BREIT for approximately $1.64 billion.The over 10,000-bed portfolio is...
Read Story
April 25, 2024, 08:05 AM
|
Four Corners Property Trust, a real estate investment trust primarily engaged in the ownership and acquisition of high-quality, net-leased restaurant and retail properties, entered into an Incremental Amendment to the Third Amended and Restated...
Read Story
March 15, 2024, 07:30 AM
|
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...
Read Story
July 07, 2023, 07:55 AM
|
Ryman Hospitality Properties, a leading lodging and hospitality real estate investment trust (“REIT”) that specializes in upscale convention center resorts and leading entertainment experiences, successfully completed a series of refinancing...
Read Story
May 19, 2023, 07:24 AM
|
Modiv Inc., an internally managed real estate investment trust (“REIT”) that acquires, owns, and manages a diversified portfolio of single-tenant net-lease real estate properties, announced that it successfully exercised the accordion feature of its...
Read Story
October 27, 2022, 07:14 AM
|
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...
Read Story
August 19, 2022, 07:14 AM
|
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...
Read Story
August 05, 2022, 07:35 AM
|
Apple Hospitality REIT successfully refinanced its primary unsecured credit facility, further enhancing the strength and flexibility of its balance sheet. The Company entered into an amendment and restatement of its existing unsecured $850 million...
Read Story
August 01, 2022, 06:00 AM
|
Yieldstreet, a leading digital alternative investment platform dedicated to providing access to exclusive private market opportunities, announced the launch of its Growth & Income REIT giving investors greater access to the booming...
Read Story
February 25, 2022, 07:49 AM
|
Seven Hills Realty Trust entered into an agreement for a $100 million note on note financing facility with BMO Harris Bank, which it may use to leverage its commercial mortgage loan investments. Loans issued under the financing facility will be...
Read Story
November 12, 2021, 07:10 AM
|
Centuria Property Funds Limited (CPFL) as Responsible Entity of Centuria Office REIT has announced it secured an additional seven-year debt facility from Crédit Agricole, which results in a:
weighted average debt maturity increase from 3.4 years...
Read Story
May 19, 2020, 09:00 AM
|
Simon, a real estate investment trust engaged in the ownership of premier shopping, dining, entertainment and mixed-use destinations, announced it has amended and extended its existing $4.0 billion senior unsecured multi-currency revolving credit...
Read Story
March 19, 2020, 09:00 AM
|
Capital One announced that it has provided a $38 million Freddie Mac loan to fund the acquisition of The Dylan, a 208-unit apartment community in Oceanside, California, a city in San Diego County. The sponsor is 29th Street Capital, a privately held...
Read Story
March 01, 2019, 08:00 AM
|
Four Springs Capital Trust announced that it has expanded its current three-year revolving credit facility from $75 million to $125 million, with the ability to increase the credit facility by an additional $75 million to $200 million through an...
Read Story
February 22, 2019, 07:14 AM
|
American Healthcare Investors, LLC and Griffin Capital Corporation, the co-sponsors of Griffin-American Healthcare REIT IV, Inc., announced that the REIT and certain of its subsidiaries have entered into a new credit facility totaling $400 million...
Read Story
November 28, 2018, 07:15 AM
|
American Finance Trust, Inc., a real estate investment trust focused on acquiring and managing a diversified portfolio of primarily service-oriented and traditional retail and distribution related commercial real estate properties in the U.S....
Read Story
October 08, 2018, 07:00 AM
|
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...
Read Story
July 13, 2018, 07:23 AM
|
Directed Capital, a national opportunistic real estate finance firm that acquires and strategically repositions underperforming commercial mortgage loans, announced Goldman Sachs has increased its credit facility to $150 million to facilitate the...
Read Story
May 02, 2018, 07:22 AM
|
Washington Real Estate Investment Trust entered into an Amended and Restated Credit Agreement with Wells Fargo Bank, National Association, as administrative agent, and the financial institutions party thereto as lenders and agents, which provides for...
Read Story
March 30, 2018, 07:22 AM
|
Washington Prime Group Inc. announced that its operating partnership, Washington Prime Group, L.P., has amended and restated its existing revolving credit and term loan facility that was set to mature with extension options on May 30, 2019. The newly...
Read Story
January 24, 2018, 07:22 AM
|
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...
Read Story
November 15, 2017, 07:21 AM
|
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...
Read Story
November 01, 2017, 07:00 AM
|
Griffin Capital Company, LLC announced the operating partnership of Griffin Capital Essential Asset REIT, Inc. entered into a loan agreement with Bank of America, N.A., UBS AG and KeyBank National Association for an aggregate loan amount of...
Read Story
October 10, 2017, 07:29 AM
|
DDR Corp., an owner and manager of 298 value-oriented shopping centers, announced that it has refinanced its two revolving credit facilities, increasing borrowing capacity to $1.0 billion and extending their maturities. The company also extended the...
Read Story
September 18, 2017, 07:15 AM
|
Ramco-Gershenson Properties Trust announced that it has closed on its amended and restated $350 million unsecured revolving credit facility. The credit facility matures September 2021 and can be extended one year to 2022 through two six-month options...
Read Story
September 15, 2017, 08:00 AM
|
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...
Read Story
August 14, 2017, 07:44 AM
|
Ryman Hospitality Properties, Inc., a lodging real estate investment trust (REIT) specializing in group-oriented, destination hotel assets in urban and resort markets, today completed a series of refinancing transactions that were previously...
Read Story
May 25, 2017, 07:30 AM
|
Condor Hospitality Trust, Inc., a hotel-focused real estate investment trust (REIT) headquartered and incorporated in the state of Maryland, announced the closing of the expansion of its $90 million senior secured revolving credit facility to $150...
Read Story
May 15, 2017, 08:02 AM
|
Capital One announced that it served as the administrative agent for a $30.5 million loan for the acquisition of a 107,000-square-foot, medical office building in Grand Rapids, Mich. The principal is Carter Validus Mission Critical REIT II, which was...
Read Story
March 23, 2017, 07:18 AM
|
W. P. Carey Inc. entered into a third amended and restated credit agreement, by and among W. P. Carey, as borrower, the Guarantors from time to time party thereto, the Lenders from time to time party thereto, Bank of America, N.A., as Administrative...
Read Story
February 24, 2017, 07:42 AM
|
Condor Hospitality Trust, Inc., a hotel-focused real estate investment trust (REIT) headquartered and incorporated in the state of Maryland, announced that it has executed a commitment letter with two lenders for a $90 million senior secured credit...
Read Story
February 09, 2017, 07:00 AM
|
JLL Income Property Trust, an institutionally managed, daily valued perpetual life REIT, announced it amended its revolving line of credit increasing its borrowing capacity to $150 million. The amended credit facility has a one year term with a six...
Read Story
September 27, 2016, 07:17 AM
|
Oxford Finance, a specialty finance firm that provides senior debt to life sciences and healthcare services companies, announced the closing of a $27 million term loan to Cascade Capital Group, LLC. These funds were used to purchase three skilled...
Read Story
March 09, 2016, 07:47 AM
|
Chesapeake Lodging Trust has successfully refinanced its $60.0 million term loan secured by the 122-room Holiday Inn New York City Midtown – 31st Street and the 185-room Hyatt Place New York Midtown South, which matured on July 3, 2014. The term loan...
Read Story
July 07, 2014, 07:11 AM
|
NorthStar Healthcare Income, Inc. (NorthStar Healthcare) closed an investment in a $75.0 million mezzanine loan made in connection with the $940.0 million financing of a national portfolio of 167 skilled nursing facilities. The portfolio consists of...
Read Story
July 03, 2014, 07:28 AM
|
Ryman Hospitality Properties, Inc. announced today it has added an additional senior secured $400 million term loan (the “Term Loan B”) to its existing credit agreement. The new term loan matures in January 2021.The lead arranger for the Term Loan B...
Read Story
June 19, 2014, 07:12 AM
|
CatchMark Timber Trust, Inc. announced the closing of the accordion for its multi-draw term credit facility and revolving credit facility, increasing the maximum availability of the multi-draw term facility by $65 million to a total of $215 million...
Read Story
June 10, 2014, 06:52 AM
|
Gramercy Property Trust Inc., a real estate investment trust, announced that the Company's operating partnership, GPT Property Trust LP, entered into a $100 million senior secured revolving credit facility with Deutsche Bank AG. The credit facility...
Read Story
September 06, 2013, 07:46 AM
|