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