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Knightsbridge Realty Arranges $8,100,000 “Quick Close” Acquisition Loan for Medical Building in Plano, TX

Acquisition of a 30,160 SF 2-story specialty medical building in Plano, Texas. Lender committed to close the loan 8 business days after execution of the loan term sheet. Loan was non-recourse, included a very flexible prepayment (3 months minimum interest), and allowed preferred equity up to 98% of total capital stack.  Read More