Elijah Zuckerman, Charlie Brosens & Bean Of Urban Standard Capital Provide $23.6M Construction Loan
$23,600,000
Building Size
—
Asset Type
Condo
Closing
Sep 29, 2026
About this deal
AI
The asset involved in this transaction is a condo located in Nashville, TN. The construction loan provided for this project amounts to $23,600,000. The financing solution is geared towards residential projects, indicating a focus on tailored financing that accommodates specific project needs.
Summary of transaction details:
- Property Type: Condo
- Transaction Amount: $23,600,000
- Lender: Elijah Zuckerman, Charlie Brosens & Bean - Urban Standard Capital
- Loan Type: Construction
Elijah Zuckerman, Charlie Brosens, and Bean represent Urban Standard Capital in this transaction, which specializes in providing tailored financing solutions across the nation. Their approach combines creativity and a relationship-driven focus in structuring deals for residential projects.
Players
Market Condo Market Snapshot
Boundary boundary · Condo · Loan transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.67%
Cash-on-Cash
-0.19%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93