trending Market Intelligence /marketintelligence/en/news-insights/trending/UPRzSxQs_NQK2AJy0V_Kog2 content esgSubNav
In This List

GTJ REIT boosts credit facility to $88M

Blog

Post-webinar Q&A: Global Credit Risk Trends 2021 and Beyond

Blog

Shore Capital is Now Available in S&P Global’s Aftermarket Research Collection

Video

S&P Capital IQ Pro | Powered by Advanced Visualization

Video

S&P Capital IQ Pro | Unrivaled Sector Coverage


GTJ REIT boosts credit facility to $88M

GTJ REIT Inc., its operating partnership and certain of its subsidiaries and/or affiliates amended an existing credit agreement to boost the total commitment to $88 million from $50 million.

The increased commitment of $38 million may only be used to buy certain properties specified in the amended facility and to pay closing costs.

The amended agreement also extends the facility's due date to Feb. 28, 2018, from Dec. 1, with a conditional option through June 30, 2019.

KeyBank NA is among the lenders.