HY Ventures Secures $53M Loan For Mixed-Use Property In Nashville
FINANCED
$53,000,000
Tennessee
See Similar DealsMixed-use
Financed 08/08/2022
FINANCED
HY Ventures Secures $53M Loan For Mixed-Use Property In Nashville
700 Hamilton Ave, Nashville, TN, 37203
See Similar DealsMixed-use
Financed 08/08/2022
Summary
TENNESSEE
Asset Type:Mixed-use
Transaction Type:Loan
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
LENDER
LANDLORD
Details
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Similar Deals
Contact
Get in touch with the broker you want
Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
30 years
10 years
Debt Service Coverage Ratio (DSCR)
1.05x
Max Loan Amount
$53,000,000.00
Monthly NOI$353,333.33
Monthly Debt Service$334,996.05
Change in Cash Flow$0.00
Refinance Proceeds$0.00
Is there something missing? Send suggestions