Nationwide Life Insurance Company Provides $25.9M Refinance Loan For Mixed-Use Property In Savannah, GA | 18, 20, 25 East Broughton; 109-115, 204-206, 216-218, 220, 223, 226-228, 230-240, & 309-311 West Broughton Street | Richard Henry, Brian Linnihan, Joao "JP" Cordeiro, Mike Ryan | Mixed-use | Loan

Summary

Loan

GEORGIA

Mixed-use

150,984 sqft

The property involved in the transaction is a mixed-use asset located at 18, 20, 25 East Broughton and 109-115, 204-206, 216-218, 220, 223, 226-228, 230-240, & 309-311 West Broughton Street in Savannah, GA. The property spans a total of 150,984 square feet.

Summary of transaction details:

Property Type: Mixed-Use
Transaction Amount: $25,900,000
Lender: Nationwide Life Insurance Company
Landlord: Acadia Realty Trust
Brokers: Mike Ryan, Brian Linnihan, Richard Henry & JP Cordeiro - CBRE
Loan Type: Refinance

The deal involved the Nationwide Life Insurance Company as the lender and Acadia Realty Trust as the landlord. The transaction was facilitated by brokers Mike Ryan, Brian Linnihan, Richard Henry, and JP Cordeiro from CBRE.

Players

All
6

Agents
4
Agencies
2

Richard Henry

Senior Vice President

$15.4M Sold

Brian Linnihan

Executive Managing Director

$330.4M Sold

$15.4M Sold

$15.4M Sold

Details

Deal Summary

FINANCED

IMAGE: Mike Ryan, Brian Linnihan, Richard Henry & JP Cordeiro DATE: 06/05/2023 ADDRESS: 18, 20, 25 East Broughton; 109-115, 204-206, 216-218, 220, 223, 226-228, 230-240, & 309-311 West Broughton Street MARKET: Savannah, GA ASSET TYPE: Mixed-Use ~ SF: 150,984 LENDER: Nationwide Life Insurance Company LANDLORD: Acadia Realty Trust BROKERS: Mike Ryan, Brian Linnihan, Richard Henry & JP Cordeiro - CBRE LOAN AMOUNT: $25,900,000 LOAN TYPE: Refinance

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Address18, 20, 25 East Broughton; 109-115, 204-206, 216-218, 220, 223, 226-228, 230-240, & 309-311 West Broughton Street

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