Ann Arbor, MI $8,800,000 19 Unit Condominium Construction Financing
Knighthead provided a $8.8mm first mortgage loan to construct a 19 unit condominium building. The loan was underwritten to a ~67% to “as-complete” loan to value.
Knighthead provided a $8.8mm first mortgage loan to construct a 19 unit condominium building. The loan was underwritten to a ~67% to “as-complete” loan to value.