Washington Real Estate Investment Trust, Rockville, Md., has priced $100 million of 5 1/4% 10-year senior unsecured notes at 99.985.The REIT said the proceeds will be used to repay borrowings under a term loan and lines of credit incurred in connection with recent property acquisitions. Credit Suisse First Boston and Banc One Capital Markets Inc. are the joint book-running managers of the offering. The REIT can be found online at http://www.writ.com.
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3h ago -
The San Diego company was back in the black with a net income of $28.5 million in the first quarter of 2024, up from a net loss of $93 million the previous quarter.
May 9 -
The agreements at the heart of the hearing did not cover the one reached with the National Association of Realtors or those people that only bought homes.
May 9 -
Feds say Chicago businessman Mark Steven Diamond defrauded at least 80 victims and caused at least $6 million in losses.
May 9 -
Fannie Mae's tool, used by originators to determine income levels for self-employed borrowers, aims to help them avoid potential underwriting errors, the government-sponsored enterprise said.
May 9 -
The 30-year fixed rate mortgage fell for the first time in six weeks as the Federal Open Market Committee meeting outcome is finally priced in.
May 9