Ashford Hospitality Trust Inc. has lined up a $100 million credit facility from UBS Real Estate Investments Inc.The facility carries a three-year term and carries a rate that ranges from 150 to 275 basis points above Libor, depending on the ...
American Financial Realty Trust has lined up $180 million of mortgage debt from Massachusetts Mutual Life.The Jenkintown, Pa., REIT used the debt to refinance $162 million of debt on a portfolio of office properties it had acquired three years ago ...
Eagle Hospitality Properties Trust, a Covington, Ky., hotel REIT that was formed last year, has lined up a $110 million senior unsecured credit line from a group of lenders led by U.S. Bank.Eagle said the facility could increase to $200 ...
Commercial Net Lease Realty Inc. has lined up a $300 million credit facility from a syndicate of lenders led by Wachovia Securities.The credit line, which matures in May 2009, amends an existing line that had a borrowing capacity of $225 ...
Ventas Inc. has priced a private offering of $125 million of senior notes.The notes mature on June 1, 2016 and carry a coupon of 6.5 percent. They were priced at 99.5 percent of par.Ventas, a Louisville, Ky., healthcare REIT, said ...
Nationwide Health Properties Inc. has lined up a $700 million unsecured credit facility from a group of lenders led by Banc of America Securities and JPMorgan Securities. The facility includes a $600 million line with a three-year maturity and a ...
Windrose Medical Properties Trust, an Indianapolis REIT that invests in medical office buildings and hospitals, has renewed a $50 million secured credit facility that was provided by Huntington National Bank of Columbus, Ohio.The two-year facility includes an accordion feature that would ...
CNL Hotels & Resorts Inc. has lined up a $200 million senior secured credit line from lenders led by Banc of America Securities. The revolving line has a three-year term and is backed by 25 of CNL's properties. CNL, which ...
SL Green Realty Corp. has lined up a $500 million senior unsecured credit facility from a group of lenders led by Wachovia Securities and KeyBanc Capital Markets.The line, which can be extended to $800 million, replaces secured and unsecured facilities ...
American Financial Realty Trust has lined up a $400 million line of credit from Deutsche Bank, effectively increasing an existing credit facility.The line it replaces was set to mature next August. It has a maturity of October 2008 and pays ...
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