Phillips Edison-ARC Shopping Center REIT in KeyBank Revolving Credit Facility
CINCINNATI - The REIT will use the KeyBank $40 million senior secured revolving credit facility, which includes an accordion feature up to $250 million subject to some conditions, to finance the acquisition of quality shopping centers in the U.S.
NEW YORK CITY—Formerly an SVP at the firm, the appointee boasts nearly 30 years of experience in the shopping center industry.
STAMFORD, CT—The founder of Land and Buildings, which owns 6.1% of the hotel REIT’s stock, voiced his concerns in a letter made public on Monday.
NEW YORK CITY—Arie Barendrecht, founder of the company behind a certification system for commercial buildings’ Internet connectivity, cites committee members’ “broad base of industry knowledge.”
Despite the reports in the press about dysfunction at the White House, and other reports that various major legislation is hung up in Congress, don’t…