Business NewsPR NewsWire • JER Investors Trust Inc. Announces the Sale of CMBS Bonds and Repayment of JPMorgan Repurchase Agreement Borrowings

JER Investors Trust Inc. Announces the Sale of CMBS Bonds and Repayment of JPMorgan Repurchase Agreement Borrowings

JER Investors Trust Inc. Announces the Sale of CMBS Bonds and Repayment of JPMorgan Repurchase Agreement Borrowings

MCLEAN, Va., March 31 /PRNewswire-FirstCall/ -- JER Investors Trust Inc. (OTC Bulletin Board: JERT, "JERT") today reported the sale of its interest in $152.9 million of face amount of CMBS for proceeds of $5.5 million.  $4.7 million of proceeds from the sale were used to repay, in full, amounts

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