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RD Property LLC expands its credit facility to $420 million by adding Capital One to the banking group, increasing its available capital by $70 million. This expansion supports RD Property's various growth initiatives.
PRIVATESep 10, 2026•about 4 hours ago
Amount Raised
$70 Million
Round Type
Debt Financing
New YorkReal EstateReal Estate Investment
Investors
Capital One, National AssociationThe Bank Of New York MellonHuntington National BankPnc Bank, National AssociationKey Bank, National Association
Description
RD Property LLC has expanded its credit facility from $350 million to $420 million through the exercise of its accordion feature, adding $70 million in new capital. The increased capacity will support acquisitions, capital investments, and redevelopment initiatives. Capital One joins a group of financial institutions as a Joint Lead Arranger for this facility. This expansion enhances the company's financial flexibility to execute its business plan and pursue growth opportunities.
Company Information
Company
RD Property
Location
New York, New York, United States
About
RD Management LLC is a premier real estate investment and management firm with decades of experience acquiring, developing, and managing high-quality assets across the United States. With the formation of RD Property LLC, the company has unified a national, 50-property portfolio under one cohesive platform to drive growth, efficiency, and long-term value creation.
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New YorkReal EstateReal Estate Investment