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These excerpts taken from the CSE 10-Q filed May 11, 2009. Mortgage
Debt
As of March 31, 2009 and December 31, 2008, the
outstanding balance of our mortgage debt was $329.0 million
and $330.3 million, respectively. In April 2009, we
obtained the first of our three optional
one-year
extensions to our senior and mezzanine mortgage loans resulting
in the extension of the maturity of both loans from April 2009
to April 2010.
Mortgage
Debt
As of March 31, 2009 and December 31, 2008, the
outstanding balance of our mortgage debt was $329.0 million
and $330.3 million, respectively. For further information
on our mortgage debt, see Note 12, Borrowings, in
our accompanying consolidated financial statements for the three
months ended March 31, 2009, and Note 13,
Borrowings, in our audited consolidated financial
statements for the year ended December 31, 2008, included
in our
Form 10-K.
These excerpts taken from the CSE 10-K filed Mar 2, 2009. Mortgage
Debt
For our Healthcare Net Lease segment, we use mortgage loans to
finance some of our direct real estate investments. As of
December 31, 2008, the outstanding balance of our mortgage
debt was $330.3 million. For further information on such
mortgage loans, see Note 13, Borrowings, in our
accompanying audited consolidated financial statements for the
year ended December 31, 2008.
Mortgage
Debt
For our Healthcare Net Lease segment, we use mortgage loans to
finance some of our direct real estate investments. As of
December 31, 2008, the outstanding balance of our mortgage
debt was $330.3 million. For further information on such
mortgage loans, see Note 13, Borrowings, in our
accompanying audited consolidated financial statements for the
year ended December 31, 2008.
Mortgage
Debt
We use mortgage loans to finance certain of our direct real
estate investments. We had mortgage debt totaling
$330.3 million and $341.1 million as of
December 31, 2008 and 2007, respectively. As of
December 31, 2008, our mortgage debt comprised a senior
$239.0 million loan, $35.3 million mezzanine loan and
11 mortgage loans totaling $56.0 million guaranteed by HUD
and collateralized by 11 of our healthcare investment
properties. The interest rate under the senior loan is one-month
LIBOR plus 1.54%, and the interest rate under the mezzanine loan
is one-month LIBOR plus 4% and the weighted average interest
rate on our mortgage loans is 6.61%.
We exercised the first of three one-year extensions to the
senior and mezzanine loans in September 2008 extending the
maturity of both loans from April 9, 2009 to April 9,
2010. The master servicer acknowledged and agreed to the
extension in February 2009, subject to our compliance with the
terms of the loan documents as of April 9, 2009.
Mortgage
Debt
We use mortgage loans to finance certain of our direct real
estate investments. We had mortgage debt totaling
$330.3 million and $341.1 million as of
December 31, 2008 and 2007, respectively. As of
December 31, 2008, our mortgage debt comprised a senior
$239.0 million loan, $35.3 million mezzanine loan and
11 mortgage loans totaling $56.0 million guaranteed by HUD
and collateralized by 11 of our healthcare investment
properties. The interest rate under the senior loan is one-month
LIBOR plus 1.54%, and the interest rate under the mezzanine loan
is one-month LIBOR plus 4% and the weighted average interest
rate on our mortgage loans is 6.61%.
We exercised the first of three one-year extensions to the
senior and mezzanine loans in September 2008 extending the
maturity of both loans from April 9, 2009 to April 9,
2010. The master servicer acknowledged and agreed to the
extension in February 2009, subject to our compliance with the
terms of the loan documents as of April 9, 2009.
This excerpt taken from the CSE 10-Q filed Nov 10, 2008. Mortgage
Debt
For our Healthcare Net Lease segment, we use mortgage loans to
finance certain of our direct real estate investments. As of
September 30, 2008, the outstanding balance of our mortgage
debt was $331.7 million.
This excerpt taken from the CSE 10-Q filed Aug 11, 2008. Mortgage
Debt
For our Healthcare Net Lease segment, we use mortgage loans to
finance certain of our direct real estate investments. As of
June 30, 2008, the outstanding balance of our mortgage debt
was $333.0 million.
This excerpt taken from the CSE 10-Q filed May 12, 2008. Mortgage
Debt
For our Healthcare Net Lease segment, we use mortgage loans to
finance certain of our direct real estate investments. As of
March 31, 2008, the outstanding balance of our mortgage
debt was $283.3 million.
These excerpts taken from the CSE 10-K filed Feb 29, 2008. Mortgage
Debt
We use mortgage loans to finance certain of our direct real
estate investments. We had mortgage debt totaling
$284.4 million and $287.2 million as of
December 31, 2007 and 2006, respectively. As of
December 31, 2007, our mortgage debt comprised a senior
$248.4 million loan and a $36.0 million mezzanine
loan. Both loans mature on April 9, 2009. The interest rate
under the senior loan is one-month LIBOR plus 1.54%, and the
interest rate under the mezzanine loan is one-month LIBOR plus
4%.
NOTES TO
THE CONSOLIDATED FINANCIAL
STATEMENTS — (Continued)
Mortgage Debt We use mortgage loans to finance certain of our direct real estate investments. We had mortgage debt totaling $284.4 million and $287.2 million as of December 31, 2007 and 2006, respectively. As of December 31, 2007, our mortgage debt comprised a senior $248.4 million loan and a $36.0 million mezzanine loan. Both loans mature on April 9, 2009. The interest rate under the senior loan is one-month LIBOR plus 1.54%, and the interest rate under the mezzanine loan is one-month LIBOR plus 4%.
NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS — (Continued) This excerpt taken from the CSE 10-Q filed Nov 9, 2007. Mortgage
Debt
We use mortgage loans to finance certain of our direct real
estate investments. For further information on such mortgage
loans, see Note 10, Borrowings, in our accompanying
unaudited consolidated financial statements for the three and
nine months ended September 30, 2007.
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