Owens Realty extends maturity of revolving credit facility to June 1

By Sarah Lizee

Olympia, Wash., March 5 – Owens Realty Mortgage, Inc. amended its secured revolving credit facility with California Bank & Trust, First Bank and Umpqua Bank to extend the maturity date to June 1, 2018, according to a press release.

The maturity was extended from March 1.

Other terms of the credit facility remain, the release said.

Owens is a Walnut Creek, Calif.-based specialty finance mortgage company structured to qualify as a real estate investment trust.

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