Daily limit: 0/10
Nuveen Green Capital Provides $11.8 Million Loan For Tivoli Theatre Renovation In Chattanooga
FINANCED
$11,800,000
Tennessee
See Similar DealsCommercial
Financed 12/17/2024
FINANCED
Nuveen Green Capital Provides $11.8 Million Loan For Tivoli Theatre Renovation In Chattanooga
709 Broad Street
See Similar DealsCommercial
Financed 12/17/2024
Summary
TENNESSEE
Asset Type:Commercial
Transaction Type:Loan
The property asset involved in this transaction is the historic Tivoli Theatre, located at 709 Broad Street in Chattanooga, TN. The asset is categorized under commercial property type and has received a significant financial investment for its renovation.
Summary of transaction details:
- Property Type: Commercial
- Transaction Amount: $11,800,000
- Lender: Nuveen Green Capital
- Market: Chattanooga, TN
- Note: This loan was part of a $73.4 million financing package with Reinvestment Fund Inc.
This deal involved key parties such as Nuveen Green Capital, which provided the $11.8 million C-PACE loan specifically for the renovation efforts of the Tivoli Theatre. Reinvestment Fund Inc. played a significant role in the larger financing package.
Players
BROKERAGE
LENDER
Details
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Similar Deals
Contact
Get in touch with the broker you want
Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
30 years
10 years
Debt Service Coverage Ratio (DSCR)
1.05x
Max Loan Amount
$11,800,000.00
Monthly NOI$78,666.67
Monthly Debt Service$74,584.03
Change in Cash Flow$0.00
Refinance Proceeds$0.00
Is there something missing? Send suggestions