November 7, 2017 - KBS

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Day: November 7, 2017

Day: November 7, 2017

KBS REIT III Closes $1-Billion Financing Agreement

November 7, 2017

NEWPORT BEACH, CA (November 7, 2017)– KBS Real Estate Investment Trust III (“KBS REIT III”), a non-traded real estate investment trust announced today that it has closed on the largest financing facility in KBS’ history. The three-year $1.01- billion financing commitment consists of a $757.5 million term loan that was funded at close and a $252.5 million revolving loan of which $222.5 million remains unfunded.

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