Fundraise Dec 2018 Verified
Hartman vREIT XXI Secures $20M Credit Facility from East West Bank
Hartman vREIT XXI's operating partnership entered into a $20,000,000 revolving master credit agreement with East West Bank to provide acquisition and working capital financing. An initial advance of $2,550,000 was drawn to finance the 11211 Building acquisition.
“On December 27, ,2018, the Operating Partnership, Hartman Spectrum LLC and 11211, LLC, wholly-owned subsidiaries of the Operating Partnership, entered into a $20,000,000 revolving master credit agreement with East West Bank to provide acquisition and working capital financing.”
Entities
East West Bank · Lender Hartman vREIT XXI, Inc. · Sponsor
Other Sentiment: Neutral
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