First Potomac completes refinancing for 2008 debt

08/13/2008 | GlobeSt.com

First Potomac Realty Trust has refinanced the rest of its debt maturing this year. The REIT refinanced a $72 million first mortgage loan secured by 14 properties in suburban Maryland. First Potomac next turns its refinancing attention to $14 million in mortgage debt coming due in 2009 and $38 million maturing in 2010.

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