Luke Hingson Of Renovo Financial Closes $22 Million Construction Loan For Nashville Condo Development

The transaction involves a construction loan for a 46-unit luxury condominium development located in Nashville, TN. The loan amount is $22,000,000, designated for the construction of this asset, which is part of an emerging market in the area.

Summary of transaction details:

• Property Type: Condo
• Transaction Amount: $22,000,000
• Lender: Luke Hingson - Renovo Financial
• Brokers: Mike Noll & Chris Salvado - BD Capital
• Loan Type: Construction

Luke Hingson, Managing Director of CRE Construction Lending at Renovo, originated this transaction. The brokerage services were provided by Mike Noll and Chris Salvado of BD Capital, who facilitated the loan process for this construction project.