Vastland Co. Secures $130 Million Construction Loan From PeachTree Group For Nashville Mixed-Use Asset
1717 Hayes Street
$130,000,000
Building Size
—
Asset Type
Mixed-use
Closing
Nov 30, 2025
AI
The asset involved in this transaction is a mixed-use property located at 1717 Hayes Street in Nashville, TN, featuring 308 units. The loan amount secured for this asset is $130,000,000, designated for construction purposes.
Summary of transaction details:
- Property Type: Mixed-use
- Transaction Amount: $130,000,000
- Address: 1717 Hayes Street
- Market: Nashville, TN
- Lender: PeachTree Group
- Landlord: Vastland Co.
- Brokers: Aj Felberbaum, Jay Miller, Spencer Miller & Noah Rothman - BayBridge Real Estate Capital
Key individuals in this transaction include the representatives from BayBridge Real Estate Capital, who facilitated the loan process, comprising Aj Felberbaum, Jay Miller, Spencer Miller, and Noah Rothman.
Players
Nashville Mixed-use Market Snapshot
Boundary boundary · Mixed-use · Loan transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.12%
Cash-on-Cash
-0.03%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93