Hines & Peakline Partners Secures $118M Loan From Oxford Properties For Nashville Development Site

The asset involved in this transaction is a development site located at 622 Merritt Avenue in Nashville, TN. The loan amount secured for this property is $118,000,000.

Summary of transaction details:

• Property Type: Development Site
• Transaction Amount: $118,000,000
• Landlord: Hines & Peakline Partners
• Market: Nashville, TN
• Brokers: Mike Ryan, Brian Linnihan, Richard Henry, Blake Cohen, Joao "JP" Cordeiro & Taylor Crowder - CBRE

CBRE facilitated this financing, which is part of a larger refinancing effort totaling $181.5 million for The Finery development, encompassing additional loans from Oxford Properties and Tishman Speyer. The financing process involved multiple lenders and was arranged on behalf of Hines and Peakline Partners.