News
Recent announcements and press
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Suffolk logistics facility purchased for $50.5M
The Bridgeway Business Center, a 707,000-square-foot warehousing and distribution facility on College Drive in Suffolk, was purchased by InLight Real Estate Partners.
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JLL Capital Markets Secures $65 Million for Construction of 292-Unit Marisol Garden Apartment Community in Southwest Florida
MIAMI, FL – JLL Capital Markets announced today that it has arranged the $65 million construction financing and preferred equity for Marisol, a 292-unit, garden-style multi-housing development in Port Charlotte, Florida.
JLL represented the borrower, Roers Companies, to secure the non-recourse construction loan through Knighthead Funding and the preferred equity through Amzak Capital Management.
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Knighthead Provides $16M Acquisition Loan to Myrtle Beach Housing Conversion
Eastman Companies, a New Jersey-based real estate developer, has secured a $16 million loan to acquire a 437-unit student housing property near Coastal Carolina University and convert it into a 149-unit multifamily property.
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Knighthead Lends $75M on Austin Condo Project
Knighthead Funding supplied the loan for Pearlstone Partners’ planned 182-unit condo project in Austin’s South Lamar neighborhood — slated for completion in the second half of 2024.
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Knighthead Funding Provides $31 Million Refinance Loan for Class-A Office Building
Knighthead Funding, LLC (“Knighthead”) has provided a local investor with a $31 million first mortgage loan to refinance a 210,000-square-foot suburban Class A office building at 1085 Morris Avenue in Union, NJ.
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Elmington Capital Acquires Class A Office in Franklin with $29M Loan
Knighthead Funding, LLC has provided Nashville, TN-based Elmington Capital with $29 million in first mortgage debt for the acquisition of a two-story Class A office building in the Nashville submarket of Franklin, TN.