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 to pay off the property’s preferred equity investor. JLL’s Daniel Gillard, Philip Galligan, Michael Gurwin, and ...
The post Knighthead Funding Provides $32M Refinancing f…
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