SOLD
Naftali Credit Partners & J.P. Morgan Provide $120M Bridge Loan For Nashville Multifamily
11780 Manchester Road
MultiFamily
Sold 31 days ago
Summary
Sale
MISSOURI
MultiFamily
The luxury multifamily and retail development located at 1111 Church Street in Nashville has secured a $120 million short-term bridge loan. The loan was provided by Naftali Credit Partners and J.P. Morgan Asset Management to Tidal Real Estate Partners for the development at the mentioned address.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $120,000,000
- Lender: Naftali Credit Partners & J.P. Morgan Asset Management
- Landlord: Tidal Real Estate Partners
- Address: 1111 Church Street, Nashville, TN
- Market: Nashville, TN
- Loan Type: Bridge
Naftali Credit Partners and J.P. Morgan Asset Management collaborated to provide the bridge loan for the luxury multifamily and retail development. Tidal Real Estate Partners serves as the landlord for the property located at 1111 Church Street in Nashville.
Details
SOLD
IMAGE: 04/08/2024
ADDRESS: 11780 Manchester Road
MARKET: St. Louis, MO
ASSET TYPE: Mixed-use
SELLER: David Meggs - AXSYS Capital
BUYER'S REP: John Shuff - Pace Properties & Ted Green - Avison Young
SELLER'S REP: Jason Riegelsberger & Luke Grant - Skyline Commercial Real Estate; & Mark Dorsey - Avison Young
SALE PRICE: $3,400,000
SF: 17,190 ~ PPSF: $198
NOTE: AXSYS Capital has sold a mixed-use property in Des Peres, MO, to CommunityAmerica Credit Union for $3.4 million. The property, located along a prominent retail corridor, was represented by John Shuff and Ted Green for the buyer and Mark Dorsey, Luke Grant, and Jason Riegelsberger for the seller, Des Peres Plaza Partners, LLC, on behalf of AXSYS Capital.View on map
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Address11780 Manchester Road
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