TAMPA, Fla.--(BUSINESS WIRE)--Carter Validus Mission Critical REIT, Inc. announced that it has increased its credit facility from $75,000,000 to $110,000,000 based on a $35,000,000 commitment from Capital One.
“We are delighted to add Capital One to our growing list of high quality, top-tier lenders. This increased credit facility gives us greater flexibility to capitalize on the growing number of real estate opportunities in our pipeline and enhances our cash management capabilities as we continue to execute on our strategy of building a high quality portfolio of mission critical real estate,” stated John Carter, CEO of Carter Validus Mission Critical REIT. “I believe our ability to secure this facility amount is a testament to our unique investment strategy and the significant progress we have made to date.”
Carter Validus Mission Critical REIT, Inc., is a real estate investment trust that invests in mission critical real estate assets located throughout the United States. Mission critical real estate assets are purpose-built facilities designed to support the most essential operations of tenants. Carter Validus Mission Critical REIT, Inc. focuses its acquisitions of mission critical assets in the data center and healthcare sectors.
Forward-Looking Statements
This press release contains forward-looking statements within the meaning of federal securities laws and regulations. These forward-looking statements are identified by their use of terms and phrases such as "anticipate," "believe," "continue," "could," "estimate," "expect," "intend," "may," "plan," "predict," "project," "should," "will" and other similar terms and phrases, including references to assumptions and forecasts of future results. Forward-looking statements are not guarantees of future performance and involve known and unknown risks, uncertainties and other factors that may cause the actual results to differ materially from those anticipated at the time the forward-looking statements are made. Although the company believes the expectations reflected in such forward-looking statements are based upon reasonable assumptions, it can give no assurance that the expectations will be attained or that any deviation will not be material. The company undertakes no obligation to update any forward-looking statement contained herein to confirm the statement to actual results or changes in the company's expectations.
