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.

Subscribe Now

Authoritative analysis and perspective for every segment of the mortgage industry

30-Day Free Trial

Authoritative analysis and perspective for every segment of the mortgage industry