HY Ventures Secures $53M Loan For Mixed-Use Property In Nashville
700 Hamilton Ave, Nashville, TN, 37203
$53,000,000
Building Size
—
Asset Type
Mixed-use
Closing
Aug 8, 2022
About this deal
AI
700 Hamilton Ave in Nashville, TN, 37203, was the subject of a recent loan transaction in the Nashville market. The mixed-use property secured a loan amount of $53,000,000.00 from Santander Bank on 08/08/2022.
Summary of transaction details:
- Property Type: Mixed-use
- Transaction Amount: $53,000,000.00
- Borrower: HY Ventures
- Borrower's Representative: Sean Reimer (Walker & Dunlop)
- Lender: Santander Bank
Sean Reimer from Walker & Dunlop represented HY Ventures in securing the loan from Santander Bank for the mixed-use property located at 700 Hamilton Ave. This transaction underscores the active real estate financing landscape in Nashville.
Players
Nashville Mixed-use Market Snapshot
Boundary boundary · Mixed-use · Loan transactions
Loading comparables…
Deal FAQ
Browse Tennessee mixed use loans on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.30%
Cash-on-Cash
-0.09%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93