Orion Properties Inc. entered into a new $215 million senior secured revolving credit facility with a bank group led by Wells Fargo, replacing its prior $350 million revolver and extending maturity to Feb. 18, 2029 while lowering the borrowing margin to SOFR plus 2.75%. The company also amended and extended its $355 million CMBS loan secured by 19 properties, pushing maturity to August 2030 while keeping the fixed rate at 4.971% and adding an excess cash flow sweep for principal paydowns and reserves.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Orion Properties Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20260219657115) on February 19, 2026, and is solely responsible for the information contained therein.