Q4 - 2010 Presentation - Boardwalk REIT
Q4 - 2010 Presentation - Boardwalk REIT
Q4 - 2010 Presentation - Boardwalk REIT
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Mortgage & Debt HighlightsUnsecured DebentureExisting Unsecured Debenture Balance @ maturity $112.4 Million•Interest Rate 5.61%•Maturity January 2012To be replaced at maturity by;•17 Newly Secured NHA Mortgages $107 Million•Average maturity term6.5 years•Cash$ 5.4 Million•Forward Locked in Interest rate 3.99%*•Estimated annual saving (2012 Fwd)$1.82 million* We are in the final process of forward locking in one more mortgage. Interest rate should be below average reported aboveSource: Internally generated As at Dec 31, <strong>2010</strong><strong>Boardwalk</strong> <strong>Boardwalk</strong> Real Estate Real Estate Investment Investment Trust Trust www.<strong>Boardwalk</strong><strong>REIT</strong>.com 47
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