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CHEVY CHASE, MD-CapitalSource Inc., a commercial finance companythat began operating as a REIT at the first of the year, hasrevealed that it has obtained commitments from 11 institutions foran unsecured credit facility totaling $520 million. Wachovia BankNA is acting as the agent on the transaction--which is subject tothe traditional closing conditions--while Wachovia Capital MarketsLLC is taking on the role of lead arranger for the syndicate ofinstitutions.

CapitalSource also revised its balance sheet for the periodending Dec. 31, 2005. The firm noted a change regarding theoriginally recorded $2.3 billion of purchases of residentialmortgage-backed securities and $2.2 billion of related repurchaseagreements net on the consolidated balance sheet as derivativesrepresenting a forward commitment to repurchase the mortgage-backedsecurities.