facebook
TradedTraded
    Home
    Search
    Closings
    Listings
    On Market
    Off Market
    Add a listing
    Vaults
    shh
    Rankings
    News
    Data
    Socials
    More


Messages

Go Pro
+ Submit+ Submit a Deal
Home

/

Deals

/

New York

/

All

/

Sale

/

5 City Blvd

Updated Dec 4, 2024

Bilt advertisement
Goldman Sachs Funds $125M Loan For Mixed-Use Property In Nashville-TN
SOLD

Goldman Sachs Funds $125M Loan For Mixed-Use Property In Nashville-TN

5 City Blvd

Building Size

Asset Type

Closing

Dec 18, 2022

About this deal

AI

The mixed-use property located at 5 City Blvd in Nashville, TN spans 378,000 square feet. The loan for this property was provided by Goldman Sachs, totaling $125,000,000, with Convexity Properties acting as the landlord. The brokers handling the deal were Frank Thomasson & Byran Fort from CBRE.

Summary of transation details:

  • Property Type: Mixed-Use
  • Transaction Amount: $125,000,000
  • Address: 5 City Blvd
  • Market: Nashville, TN
  • Lender: Goldman Sachs
  • Landlord: Convexity Properties
  • Brokers: Frank Thomasson & Byran Fort - CBRE

Frank Thomasson and Byran Fort from CBRE played crucial roles as the brokers representing the parties in the transaction, contributing to the successful deal.

Players

CP
Convexity PropertiesLandlord

New York CRE Market Snapshot

Boundary boundary · CRE · Sale transactions

Loading comparables…

Deal FAQ

Browse New York sales on Traded.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

5.80%

Cash-on-Cash

-1.66%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

More Deals

Nearby Markets