Capital One joined the original group of lenders on Baldwin Risk Partners’ senior revolving credit facility as co-documentation agent. The lender group, led by JPMorgan, amended the facility to increase the committed line to $400 million.
Capital One closed a new four-year credit agreement for Legacy Housing, increasing the company’s borrowing base from $45 million to $70 million.
Newmark entered into an agreement to amend the terms of its senior revolving credit facility, increasing its size to $425 million and extending the maturity date to February 26, 2023.
Capital One provided a $38.6 million adjustable-rate loan to finance the acquisition of a 140,000-square-foot medical office building in Dover, DE.
Toll Brothers entered into a five-year $1.905 billion revolving credit facility to replace the company’s existing $1.295 billion revolving credit facility, which was scheduled to mature in May 2021.
Capital One closed a $36 million loan to finance the acquisition of a lab-capable office campus in San Diego by BioMed Realty, a commercial owner and operator of life science real estate.
Capital One served as administrative agent for a $108.9 million loan for a joint venture owned by Sino-Ocean Capital and Meridian Senior Living.