Transactions

Knighthead provided a $57mm loan secured by a recently renovated, Class-A mixed-use high-street retail in downtown Napa.

Knighthead originated a $51.8mm first mortgage secured by Metro Center, a ~282,589 SF Class A-office building situated in Stamford’s Central Business District.

Knighthead provided a $48,000,000 first mortgage secured by a 508-key hotel in Stamford, CT to finance the acquisition, renovation and partial conversion to multifamily. The loan was underwritten to ~52% As Stabilized value.

A to-be-built 48-unit condominium property with 9,600 RSF of ground-floor retail and 19 parking spaces.

Knighthead provided a $28,250,000 first mortgage acquisition of a 127-key premier hotel located in historic Fells Point neighborhood of Baltimore, MD. The loan was underwritten to an ~48.6% “As-Stabilized” value.

Loan to acquire a historic motorsports complex located on a +/- 600 – acre site with supporting infrastructure, approximately 60 miles north of Los Angeles.

Knighthead provided a $46,075,000 first mortgage refinance loan secured by a portfolio of nine recently developed NNN leased convenience stores located in UT, CO, NC, FL and VA. The loan was underwritten to a ~67% “As-Is” Value.

Knighthead provided a $21,340,000 senior participation interest (A-Note) in a $39.6mm first mortgage loan. The loan is secured by an ~11.3-acre industrial site consisting of (i) ~60,000 SF flex warehouse, (ii) ~30,500 SF to be developed warehouse, and (iii) to be developed ~60,500 SF, 600-unit self-storage facility. The A note was underwritten to an ~37% LTV of Appraised Value.

Knighthead provided a $58,000,000 first mortgage loan to refinance a newly constructed 286,469 SFClass A Mixed-Used development consisting of office space, retail space, and a 609-space structured parking deck in downtown Greenville, SC. The loan was underwritten to a ~67% LTV of Appraised Value.