Ackman-Ziff Secures $67 Million Acquisition Financing For Build-To-Rent Project In Tennessee
$94,400,000
Building Size
—
Asset Type
MultiFamily
Closing
Dec 28, 2025
AI
The asset involved in this transaction is a Build-To-Rent (BTR) property located in the Tennessee market. This type of asset is designed specifically for rental purposes, catering to the growing demand in the housing market. The financial aspects of the transaction include an acquisition debt amount of $67,000,000 and a common equity amount of $27,400,000.
Summary of transaction details:
- Property Type: Build-To-Rent (BTR)
- Transaction Amount: $94,400,000
- Debt Amount: $67,000,000
- Debt Type: Acquisition
- Equity Amount: $27,400,000
- Equity Type: Common Equity
- Date of Transaction: 12/29/2025
- Market: Tennessee
- Broker: Ackman-Ziff - Ackman-Ziff Real Estate Group
The key individuals and companies involved in this transaction include the broker Ackman-Ziff, representing the interests related to this significant financial deal. Their expertise in the real estate sector plays a crucial role in facilitating the transaction process for the asset.
Players
Market MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Loan transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.17%
Cash-on-Cash
-0.05%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93