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Published on 11/25/2019 in the Prospect News Bank Loan Daily.

Office Properties to repay portion of revolver via sale proceeds

Chicago, Nov. 25 – Office Properties Income Trust intends to repay a portion of its revolving credit facility using proceeds from its $61.9 million sale of a portfolio of three properties, according to a press release.

The trust sold one property in Rockville, Md. and two properties in Woodlawn, Md.

Office Properties is a Newton, Mass.-based real estate investment trust.


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