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Power REIT Borrows $20M From Commercial Bank To Fund New Acquisitions, Deploying Non-Dilutive Capital Strategy
Thursday, December 23, 2021 - 9:11am | 479Power REIT (AMEX: PW), the real estate investment trust confirmed Thursday it will borrow $20 million from a commercial federally regulated bank. The Old Bethpage, a New York-based company noted it plans to use the debt facility proceeds to support further acquisitions of...