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Carter Validus increases total pool availability to $515.58 million
By Angela McDaniels
Tacoma, Wash., Aug. 8 – Carter Validus Mission Critical REIT, Inc.’s operating partnership, Carter/Validus Operating Partnership, LP, increased the unencumbered pool availability of its credit facility by about $20.1 million to a total of $514,575,000 as of Monday, according to an 8-K filing with the Securities and Exchange Commission.
The company added one property to the unencumbered pool of the credit facility on Thursday.
As of Monday, the operating partnership had an aggregate outstanding balance of $463 million, and $51,575,000 remained available to be drawn on the credit facility.
KeyBank, NA is the agent.
Carter Validus is a Tampa, Fla.-based real estate investment trust with a focus on data center and medical properties.
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