Transactions

Knighthead provided a $48mm first mortgage portfolio financing secured by four investment properties in Palm Beach, FL. The loan was underwritten to a ~69.6% loan to “As-Is” value.

Knighthead provided a $16,430,000 first mortgage acquisition and renovation loan secured by an ~253,000 SF warehouse building on ~10.81 acres located in Dallas, TX. The loan was underwritten to an ~60% “As-Stabilized” value.

Knighthead provided a $43,750,000 first mortgage acquisition and construction loan secured by two-building, ~507,000 SF industrial property located in Hampton, VA. The loan was underwritten to an ~46% “As-Stabilized” value.

Knighthead provided a $33,500,000 first mortgage acquisition renovation loan secured by a 618-unit multi-family located in Lansing, MI. The loan was underwritten to an ~54% “As-Stabilized” value.

Knighthead provided a $37,445,000 first mortgage acquisition loan secured by ~707,000 SF, 14.3-acre multi-tenant logistic facility located in Suffolk, VA. The loan was underwritten to an ~66% “As-Is” Value.

Knighthead provided a $22,000,000 first mortgage refinance loan secured by a newly built 108-Unit multi-family building located in Nashville, TN. The loan was underwritten to an ~60.27% “As-Stabilized” Value.

Knighthead provided a $16,000,000 first mortgage acquisition and rehab loan secured by a 200 unit multi-family property located in Statesboro, GA. The loan was underwritten to an ~56% “As-Stabilized” value.

Knighthead provided a $56,500,000 first mortgage construction loan for a 292-unit garden-style apartment community located in Port Charlotte, FL. The loan was underwritten to an ~61% “As-Stabilized” value.

Knighthead provided a $13.125mm first mortgage acquisition loan secured by a 5-story mixed-use property containing 37 residential units, over 4 retail units located in Berkeley, CA. The project is located two blocks (3-minute walk) from the University of California, Berkeley campus, in the Southside district, which is the highest pedestrian area of the UC Berkeley campus. The loan was underwritten to an ~57% “As-Stabilized” value.