Wood Partners Secures $51.5M Construction Loan From Commerce Bank For Nashville Apartment Project

Wood Partners, based in Atlanta, has secured a $51.5 million construction loan from Commerce Bank for its MetroCenter apartment project in Nashville, Tennessee. The development site, located at 210 Cumberland Bend in Nashville, is the subject of the loan. The property's address is in the bustling market of Nashville, TN.

Summary of transaction details:

• Property Type: Development Site
• Transaction Amount: $51,500,000
• Lender: Commerce Bank
• Landlord: Joseph Keough - Wood Partners
• Loan Type: Construction

Joseph Keough, representing Wood Partners, acted as the landlord in the deal, securing the construction loan. Commerce Bank, a notable lender, provided the loan to support the development of the MetroCenter apartment project.