Customers Bancorp Commits $25 million to Southern Realty Trust's Credit Facility

MT Newswires Live

03/06

Customers Bancorp (CUBI) committed $25 million to Southern Realty Trust's senior secured revolving credit facility, Southern Realty Trust said late Thursday.

The expanded revolving credit facility's total committed capital now stands at $125 million, according to a statement.

Proceeds will be used to finance Southern Realty's originations across its commercial real estate markets, fund future draws, and manage liquidity tied to portfolio growth, Southern Realty Trust said.

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