VineBrook Homes Trust enters USD 25 million credit agreement with Ohio State Life Insurance
Bitget2026/09/28 20:17- VineBrook Homes Trust entered a USD 25 million credit agreement with Ohio State Life Insurance on Sept. 28, 2026.
- USD 4 million funded at closing; remaining USD 21 million due no later than Oct. 2, 2026.
- Facility matures Sept. 28, 2027; carries 10% annual interest, payable monthly; includes a 1% origination fee.
- Prepayments allowed; 1% exit fee applies, including on mandatory prepayments tied to certain property sales.
- Secured by pledges of membership interests; operating partnership provides a non-recourse carve-out guaranty; lender may be adviser affiliate.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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