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Carter Validus Mission Critical REIT II unit boosts credit facility pool

A subsidiary of Carter Validus Mission Critical REIT II Inc.'s operating unit entered into an agreement with KeyBank as administrative agent to become a guarantor under an existing credit facility agreement.

The subsidiary added a healthcare property to the collateralized pool for the credit facility. This increased the operating partnership's pool availability under the agreement by roughly $6.2 million.

As of April 4, the operating partnership's total pool availability under the credit facility was $342.8 million, with an aggregate principal amount of $310.0 million outstanding and $32.8 million still undrawn.