CA South Secures $60.3 Million Loan From Genesis Capital For 131-Unit Condo In Nashville
1107 8th Avenue South
$60,000,000
Units
131
Asset Type
Condo
Closing
Aug 20, 2025
About this deal
AI
A condo project consisting of 131 units is being developed at 1107 8th Avenue South in Nashville, TN. The project has secured a total loan amount of $60,000,000 to fund its construction.
Summary of transation details:
- Property Type: Condo
- Transaction Amount: $60,000,000
- Lender: Genesis Capital
- Landlord: CA South
- CEO of CA South: Meg Epstein
The financing was facilitated by Genesis Capital, which will enable CA South to advance the luxury condo development project. This significant transaction highlights the collaboration between the lender and the landlord to realize the construction of new residential units in the Nashville market.
Players
Nashville Condo Market Snapshot
Boundary boundary · Condo · Loan transactions
Loading comparables…
Deal FAQ
Browse Nashville condo loans on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.26%
Cash-on-Cash
-0.08%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93