Transactions

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 multifamily 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 multifamily 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 multifamily 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.

Knighthead provided a $24.25mm first mortgage acquisition loan secured by an ~130,000 SF industrial property with two digital billboards located in Chicago, IL. The loan was underwritten to ~70% “As-Is” value.

Knighthead provided a $57.1mm senior mortgage participation in an $85.022mm first mortgage loan secured by 104 condominium units in a newly-constructed luxury condominium in downtown Boston, MA. The loan was underwritten to an ~51% loan to value.