Saturn Business Park

The Communities at Branson Creek
September 20, 2019
Virginia and New Jersey Self Storage Portfolio
September 20, 2019

Joint Venture Equity: $4,916,250
Senior Bridge Loan: $9,425,000

Knightsbridge arranged non-recourse bridge debt financing and joint venture equity for the acquisition of a 121,143 square foot, 2-story office building in Brea California.

Knightsbridge overcame the following challenges:
  • The property was 50% occupied in a market where economic fundamentals were just starting to show improvement.
  • The owner was in default and the property had been placed into receivership.
  • Limited comparable sales and market leasing activity.
  • Identified non-recourse financing.