On February 27, 2012, Whitestone closed on a three-year $125 million unsecured revolving credit facility to replace an existing $20 million facility with Bank of Montreal. The Company plans to use the new facility for general corporate purposes, primarily for acquisitions and redevelopment of existing properties in its portfolio. BMO Capital Markets served as the Sole Lead Arranger and Sole Book Runner. Bank of Montreal also serves as the Administrative Agent. U.S. Bank National Association served as Syndication Agent, while Capital One, National Association, and Wells Fargo Bank, National Association served as Co-Documentation Agents. Also included in the lender group is MidFirst Bank. As of June 30, 2012, $101 million was available under the credit facility.Supplemental Financial Information
Whitestone REIT Announces Operating Results For The Second Quarter 2012
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