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.
Most Popular Articles
United Wholesale Mortgage announced Friday that it is rolling out a new loan program that offers borrowers an interest rate as low as 1.875% for both purchase mortgages and refinances.
President Donald Trump signed an executive order and three memorandums in a ballroom of the Trump National Golf Club in Bedminster, New Jersey, on Saturday aimed at providing COVID-19 relief.