Knighthead Funding Provides $32M Refinancing for Newly Built MF in Glenview
Knighthead Funding provided a $32 million refinancing loan to The Drake Group for Cerca, a newly constructed, 62-unit multifamily community in downtown Glenview, Illinois, part of Chicago’s North Shore. The loan refinances a previous construction facility and provides proceeds…
Knighthead Funding provided a $32 million refinancing loan to The Drake Group for Cerca, a newly constructed, 62-unit multifamily community in downtown Glenview, Illinois, part of Chicago’s North Shore. The loan refinances a previous construction facility and provides proceeds…
BELLINGS Intelligence Score: 10
Why it matters
This is a routine refinancing of a $32 million multifamily property by Knighthead Funding, representing ordinary business activity with limited broader market impact or novelty.
Sources
Connect CRE
Knighthead Funding Provides $32M Refinancing for Newly Built MF in Glenview
Knighthead Funding provided a $32 million refinancing loan to The Drake Group for Cerca, a newly constructed, 62-unit multifamily community in downtown Glenview, Illinois, part of Chicago’s North Shore. The loan refinances a previous construction facility and provides proceeds…