trending Market Intelligence /marketintelligence/en/news-insights/trending/Zaful6nqVCg63C0FD0Jl0Q2 content esgSubNav
In This List

Carter Validus Mission Critical REIT II unit boosts credit facility pool

Blog

Corporate Credit Risk Trends in Developing Markets An Expected Credit Loss ECL Perspective

Blog

Highlighting the Top Regional Aftermarket Research Brokers by Sector Coverage

Blog

Corporate Credit Risk Trends in Developing Markets: A Loss Given Default (LGD) Perspective

Blog

Real Estate News & Analysis: May Edition


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.