Knighthead Funding completes three loans totaling $55.5 million
Knighthead Funding, LLC has financed three loans totaling $55.5 million. The deals include the following:
* $29 million for a condo conversion property. The financing was placed for the acquisition and construction of the property.
* $19.5 million for a redevelopment site. The financing was placed for the acquisition of the property.
* $7 million for a warehouse/redevelopment project. The financing was placed for the acquisition of the property.
Knighthead Funding is a real estate finance company specializing in bridge loans and other alternative debt financing to meet capital needs in a variety of unique lending solutions.
Manhattan, NY Dolce & Gabbana, an Italian fashion house, has signed a long-term, 21,000 s/f office lease at 551 Fifth Ave. for its New York headquarters,
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