Grubb & Ellis Healthcare REIT Inc., Santa Ana, Calif., has increased its secured, revolving credit line with LaSalle Bank NA from $50 million to $80 million.The three-year line of credit bears interest (at the option of the real estate investment trust) at 1.50% above the London interbank offered rate; LaSalle's prime rate or the federal funds rate, whichever is greater; or a combination of these rates. The REIT is sponsored by Grubb & Ellis Co., which can be found on the Web at http://www.grubb-ellis.com.
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