Winthrop Realty Trust, Boston, has announced that its wholly owned operating partnership, WRT Realty LP, has obtained a $50 million secured revolving credit line from KeyBank NA.The three-year credit line may be increased to $100 million under certain conditions and contains an option to extend for an additional year, the real estate investment trust reported. The credit line bears an interest rate of 1.50%-2.25% above the London interbank offered rate, depending on the REIT's leverage ratio.
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