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

/

Multifamily

/

Loan

/

Tennessee

Ackman-Ziff Secures $67 Million Acquisition Financing For Build-To-Rent Project In Tennessee
FINANCEDMultiFamily

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

Palermo Lender
Palermo LenderLender

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