Sentences with phrase «outstanding mortgage indebtedness»
Proceeds from the loan were used to repay approximately $ 161.2 million of ARC's outstanding mortgage indebtedness, related prepayment and other costs, and for general working capital purposes, including the repayment of approximately $ 23.8 million outstanding under ARCT's $ 220 million revolving credit facility with RBS Citizens N.A.
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Represented numerous financial institutions in connection with the restructuring of, or litigation regarding, real estate loans secured by mortgages on properties throughout the United States with an outstanding indebtedness substantially in excess of $ 1 billion in the aggregate.