Carter Validus extends revolving credit line by one year to 2018

By Susanna Moon

Chicago, Feb. 2 – Carter Validus Mission Critical REIT, Inc.’s operating partnership Carter/Validus Operating Partnership, LP extended its revolving line of credit to May 28, 2018 from May 28, 2017.

The company amended its credit agreement with KeyBank NA as agent on Jan. 31, according to an 8-K filing with the Securities and Exchange Commission.

The extension was made subject to the company's two 12-month extension options.

As of Thursday, the total unencumbered pool availability under the KeyBank facility was $514,575,000 and the remaining aggregate unencumbered pool availability was $136,575,000.

Carter Validus is a Tampa, Fla.-based real estate investment trust with a focus on data center and medical properties.

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