Knightsbridge Realty negotiated two full term IO loans for two MHC’s in a challenging interest rate market with weekly increases in spreads and treasury.

• 10 year loan term
• No reserve hold backs for taxes, insurance, or Cap X reserves
• Rate lock was extended for 30 dats with no charge
• Bonaventure is a 281 space MHC in Phoenix, AZ
• Quail Hill is a 282 space MHC in Colorado Springs, CO
• Both have RV Storage for residents, pool, pickle ball courts and club house