Colony Credit RE ups Credit Line to $560M

Downtown-based Colony Credit Real Estate Inc. has increased its credit line to $560 million to accommodate future growth, its second hike since late last year. Colony credit previously increased the credit line by $125 million in December. The latest upsize totaled $35 million, the company announced this week. Colony Credit Real Estate is one of the largest publicly traded commercial real estate credit REITs, or real estate investment trusts.