Transactions

Knighthead provided a $6,600,000 adaptive re-use construction loan for the conversion of a former retail department store to a Class A 1,082 unit self-storage facility.

1st mortgage acquisition blanket loan secured by 2 commercial properties and a residential investment property. 

Knighthead Funding provided a $7,100,000 refinance and construction loan secured by a first mortgage on 805 Ninth Avenue, Manhattan, NY.  The property is a six-story mixed-use building with five residential condominiums and a grade-level retail unit. The building will total 10,455 sellable SF (12,465 Gross SF). Knighthead’s Loan refinanced a maturing bank construction loan and provided completion dollars to finish the project which was approximately 62% complete at closing.

1st mortgage acquisition loan secured by a 6 story, 54 unit multifamily property 

1st mortgage financing secured by a waterfront residential investment property. 

1st mortgage financing secured by 2 corporately owned condominium units on Park Avenue in the Upper East Side section of Manhattan. 

1st mortgage acquisition loan secured by an approx. 170,669 Sq Ft industrial property.

1st mortgage construction loan to develop an approx. 138,293 Sq Ft self-storage facility.