Downtown-based Colony Credit Real Estate has increased its credit line to $560 million to accommodate future growth, the second time for a 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.
Finance reporter Pat Maio can be reached at [email protected] or (323) 556-8329.
