Office Properties Income Trust announced that it has closed two mortgage loans totaling $69.2 million of gross proceeds. In aggregate to date, OPI has closed in excess of $177 million in mortgage loans with a combined total loan to value ratio of approximately 51% and a combined implied capitalization rate based on the aggregate appraised value for the collateral properties of 6.9%. The non-recourse loans announced consist of the following: $54.3 million mortgage with a 7.671% all-in fixed interest rate and a five-year interest-only term, secured by two properties, including a 139,000 square foot, 100% occupied property located in Waco, Texas and a 344,000 square foot, 100% occupied property located in Duluth, Georgia.

$14.9 million mortgage with a 7.717% all-in fixed interest rate and a 10-year interest-only term, secured by a 110,000 square foot, 100% occupied property located in Jackson, Mississippi. Loan proceeds have been used to pay down OPI?s revolving credit facility and fund its redevelopment projects in Washington, D.C. and Seattle, Washington.