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Article: Acadia Realty Trust.(Brief Article)
- Article from:
- Real Estate Weekly
- Article date:
- April 12, 2000
CopyrightCOPYRIGHT 2000 Hagedorn Publication. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Acadia Realty Trust announced that it as closed a $59 million secured financing line with the Dime Savings Bank of New York, FSB Approximately $30 million of the line was used to pay off the balance of a maturing $53 million, seven property financing with John Hancock Life urance Company.
The new financing, which is secured by five of the seven properties, is a floating rate loan at LIBOR plus 175 basis points, currently 117 basis points below the former financing rate of 9.1 percent. It is for a term of five years and is pre-payable after 18 months without cost or yield maintenance. The line feature of the financing further supplements the pre-payment and ...
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Article: Acadia Realty Trust Announces it is ...
PR Newswire;
January 18, 2002 ;
700+ words
...NEW YORK -- Acadia Realty Trust , a fully integrated shopping ... such Shares should be tendered. Acadia Realty Trust, headquartered on Long Island ... otherwise. For more information on Acadia Realty Trust visit Acadia Realty Trust's ...
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