CapLease said Monday it has extended its credit agreement with Wells Fargo Bank until July 2013. The $140m secured revolving credit facility provides more than $40m to finance new acquisitions, the locally based REIT says in a release. CapLease’s amended credit facility with Wells Fargo posts the interest rate at Libor plus 275 basis points.
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Thanks to increases in home prices in 2019, the Federal Housing Administration loan limit will increase for nearly all of the country in 2020.
2019 has been a year of tremendous audience and product growth for HousingWire and we couldn’t be prouder. But we’re not ready to rest on our laurels. Far from it. In fact, 2020 promises to be an even bigger year for HousingWire.