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Comforia Residential REIT Sets Interest Rate for New Loan

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Comforia Residential REIT Sets Interest Rate for New Loan

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Comforia Residential REIT, Inc. ( (JP:3282) ) has issued an announcement.

Comforia Residential REIT, Inc. has announced the determination of the interest rate for a fixed-rate borrowing of 1,550 million yen from the Development Bank of Japan, Inc. The loan, which carries an interest rate of 1.23875%, is scheduled for drawdown on April 11, 2025, with a repayment date set for April 11, 2030. This financial move is part of Comforia’s strategic efforts to manage its financial obligations and optimize its capital structure, potentially impacting its operational efficiency and financial stability.

More about Comforia Residential REIT, Inc.

Comforia Residential REIT, Inc. operates in the real estate investment trust industry, focusing on residential properties. It is managed by TLC REIT Management Inc., with a market focus on providing stable income through real estate investments.

YTD Price Performance: -0.89%

Average Trading Volume: 2,387

Technical Sentiment Signal: Strong Buy

Current Market Cap: Yen206.1B

For an in-depth examination of 3282 stock, go to TipRanks’ Stock Analysis page.

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