Knightsbridge Realty Arranged $7,000,000 Perm Loan

Knightsbridge Realty Arranged $13,650,000 Perm Loan
July 19, 2022

Knightsbridge Realty Arranged $7,000,000 Perm Loan

Knightsbridge Arranged a $7,000,000 permanent loan with an attractive spread and 90-day rate lock at application.

  • 10-year loan term
  • Rate locked for 90 days for 1.0 point deposit (not increased at commitment)
  • Par to Knightsbridge and other closing costs were low
  • No tax or insurance escrows or replacement reserves required
  • Single-story self storage & RV facility
  • 84,226 sf of storage and 58 RV spaces
  • Norco, California