June 27, 2017 / 11:47 PM / 3 months ago

BRIEF-Automotive Properties REIT extends and increases credit facility

June 27 (Reuters) - Automotive Properties Real Estate Investment Trust:

* Automotive Properties REIT extends and increases credit facility

* Automotive Properties REIT says has extended maturity of one of its non-revolving credit facilities from July 2020 to June 2022 for a five-year term

* Automotive Properties Real Estate Investment Trust- has placed a $10.0 million mortgage on one of its other recently-acquired automotive dealership properties

* Automotive Properties Real Estate Investment Trust- mortgage has term of 10 years, maturing june 2027, a fixed interest rate of 3.7% with 25-year amortization Source text for Eikon: Further company coverage:

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