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1717 Hayes Street

Vastland Co. Secures $130 Million Construction Loan From PeachTree Group For Nashville Mixed-Use Asset
FINANCEDMixed-use

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:

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

Aj Felberbaum

BayBridge Real Estate Capital

Broker

$2.4B

vol

31 deals

Broker
Peachtree Group
Peachtree GroupLender

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