Tony Giarratana Secures $232M Construction Financing For Nashville Condo Tower | 1010 Church Street | Bank OZK | Condo | Loan

Summary

Loan

TENNESSEE

Condo

The 60-story condo and apartment tower, located at 1010 Church Street in Nashville, TN, secured $232 million in construction financing. This includes a $172 million senior loan from Bank OZK and a $60 million mezzanine loan from Related Fund Management.

Summary of transaction details:

Property Type: Condo
Transaction Amount: $232,000,000
Lender: Bank OZK & Related Fund Management
Landlord: Tony Giarratana
Loan Type: Construction

Developer Tony Giarratana orchestrated the deal, securing $232 million in construction financing from Bank OZK and Related Fund Management for the development of the 60-story tower in downtown Nashville.

Players

All
1

Lenders
1

Bank OZK

Details

Deal Summary

FINANCED

IMAGE: 04/04/2024 ADDRESS: 1010 Church Street MARKET: Nashville, TN ASSET TYPE: Condo LENDER: Bank OZK & Related Fund Management LANDLORD: Tony Giarratana LOAN AMOUNT: $232,000,000 LOAN TYPE: Construction NOTE: Developer Tony Giarratana secured $232 million in construction financing, including a $172 million senior loan from Bank OZK and a $60 million mezzanine loan from Related Fund Management, for his planned 60-story condo and apartment tower near downtown Nashville.

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Address1010 Church Street

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