Royal Oak Realty Trust recasts credit facility to $550 million, upsizes borrowing capacity
Royal Oak Realty Trust (Operating Company) recast its credit facility to $550 million, increasing capacity from $415 million. Facility includes a $350 million term loan, alongside a $200 million revolving line of credit. Borrowing base shifted to a fully unsecured structure, lowering spreads by 20 bps. Maturity extende