Adairsville, GA $43,650,000 ~1.04mm SF Industrial Senior Mortgage Participation (A-Note)

Knighthead provided a $43.65mm senior participation (A-Note) interest secured by a newly constructed ~1.04mm SF industrial facility located in Adairsville, GA.  The property is currently nearing completion and is ~71% complete. Our senior participation loan was underwritten to ~40% “As-Stabilized” value.