NEW YORK, Sept. 10, 2026 /PRNewswire/ -- RD Property LLC, a leading real estate investment and management company, today announced the expansion of its existing credit facility from $350 million to $420 million, representing a $70 million increase through the exercise of the facility's accordion feature.

The expanded facility provides RD Property with additional financial flexibility and capacity to support its continued growth, including acquisitions, capital investment, redevelopment and other strategic initiatives across its diversified real estate portfolio.

As part of the expansion, Capital One, National Association has joined the lending group as a Joint Lead Arranger, alongside KeyBank, National Association; PNC Bank, National Association; Huntington National Bank; and The Bank of New York Mellon, which are also serving as Joint Lead Arrangers.

"We are pleased to expand the facility to $420 million and welcome Capital One to the lending group," said John Hayes, Chief Financial Officer of RD Management LLC. "The increased capacity provides RD Property with additional flexibility to execute our business plan and pursue attractive opportunities across the portfolio."

The expanded facility is supported by a group of leading financial institutions and reflects the strength of RD Property's banking relationships and diversified real estate portfolio.

RD Property's portfolio consists of approximately 51 properties totaling approximately 4 million square feet across the United States, including retail shopping centers, self-storage, hotel and net lease assets.

Financing
KeyBank, National Association; PNC Bank, National Association; Huntington National Bank; The Bank of New York Mellon; and Capital One, National Association served as Joint Lead Arrangers.

KeyBank, National Association also served as Administrative Agent.

About RD Management LLC
RD Management LLC is a premier real estate investment and management firm with decades of experience acquiring, developing and managing real estate throughout the United States. The Company's vertically integrated platform provides expertise across acquisitions, asset management, leasing, property management, construction, finance, and other disciplines.

Media Contact

Mike Carroll
RD Management LLC
Mcarroll@rdmanagement.com
t. (212) 265-6600 x432

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SOURCE RD Management