Concord Debt Holdings LLC, a Boston-based joint venture of two real estate investment trusts, has announced a capital commitment of up to $100 million from a subsidiary of Inland American Real Estate Trust Inc. Concord, which was formed by Winthrop Realty Trust and Lexington Realty Trust to originate and acquire real estate securities and real-estate-related loans, said the commitment includes an initial investment of $20 million and extends over 18 months. Concord said the funds will be used chiefly to originate and acquire additional debt such as whole loans, "B notes," and mezzanine loans. Winthrop and Lexington can be found on the Web at http://www.winthropreit.com and http://www.lxp.com.
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