BRIEF-Pro REIT gets commitments for about $19.6 mln to pay back portion of debt
July 21 (Reuters) - Pro Real Estate Investment Trust
* Reit has received commitments totaling $19.6 million for refinancing of approximately 15 percent of its total debt
* Proceeds of mortgage will be used to repay a $1.3 million vendor take back mortgage
* Reit has received a commitment for a $17.8 million new mortgage with a 10-year term, amortized over 25 years
* Also received a $1.8 million commitment for a second mortgage on an existing asset Source text for Eikon: Further company coverage:
© Thomson Reuters 2016 All rights reserved.