News

Knighthead Funding provided a $65 million refinancing loan for the Marram Montauk resort, a 65-room oceanfront hotel in Montauk.

Miami and New York-based real estate developer Baron Property Group(“BPG”) announced the closing of a $30 million land loan refinancing and pre-development loan for the development of Merrick Parc, a highly anticipated mixed-use residential project located in Coral Gables. Knighthead Funding, LLC, a US-based commercial real estate lender, provided the financing.

Zapolski Real Estate has secured a $57.6 million loan to refinance an office and retail asset in California’s Napa Valley, Commercial Observer has learned.

Knighthead Funding provided the loan for the real estate investment firm’s 163,000-square-foot First Street Napa development.

Knighthead Funding just sealed a $51.8 million acquisition loan for investment company HB Nitkin’s purchase of Metro Center in Stamford, Conn., Commercial Observer has learned.

Clearview Hotel Capital has landed $48 million of acquisition financing for the purchase and partial residential conversion of a Marriott hotel in Stamford, Conn., Commercial Observer can first report.

The Bridgeway Business Center, a 707,000-square-foot warehousing and distribution facility on College Drive in Suffolk, was purchased by InLight Real Estate Partners.