AJ Capital Partners Secures $475 Million Loan From Barings For Belle Meade Village Development In Nashville

A 15.5-acre development site located at 4525 Harding Pike in Nashville, TN, is the asset involved in the transaction. The construction loan amounts to $475,000,000, provided for the development of Belle Meade Village, which includes plans for 92 luxury condominiums, a retail town square with 40 storefronts, and a boutique hotel, along with extensive amenities. Completion of the project is targeted for 2028.

Summary of transaction details:

• Property Type: Development Site
• Transaction Amount: $475,000,000
• Market: Nashville, TN
• Lender: Barings
• Landlord: Benjamin Weprin - AJ Capital Partners
• Loan Type: Construction

AJ Capital Partners is the landlord associated with this development, securing financing through Barings to execute this large-scale project. This transaction showcases the involvement of prominent individuals in the development sector, with Benjamin Weprin representing AJ Capital Partners in the financing agreement.