RNY Property Trust announced that the amended and restated senior loan agreement with its US lender, ACORE Capital, has been extended for a further one year term, effective February 8, 2019. The company's investment manager, Aurora Funds Management Limited, has successfully worked with the lender and satisfied all the required terms pursuant to the loan extension conditions. Pursuant to the loan agreement, executed in August 2018, the US LLC was required to pay a USD 150,986 extension fee as part of the loan extension conditions.