Owens Realty extends maturity of revolving credit facility to Sept. 1

By Sarah Lizee

Olympia, Wash., June 1 – Owens Realty Mortgage, Inc. amended its secured revolving credit facility with California Bank & Trust, First Bank and Umpqua Bank on Tuesday to extend the maturity date to Sept. 1, 2018, according to an 8-K filing with the Securities and Exchange Commission.

The maturity date was extended from June 1, 2018.

Other terms of the credit facility remain the same, the filing noted.

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

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