facebook

traded

+ Submit
Home

/

Deals

/

Tennessee

/

Mixed Use

/

Loan

/

230 Franklin Road

Holladay Properties Secures $29.3 Million Recapitalization Loan From Nuveen Green Capital For Mixed-Use Asset
FINANCEDMixed-use

Holladay Properties Secures $29.3 Million Recapitalization Loan From Nuveen Green Capital For Mixed-Use Asset

230 Franklin Road

$29,300,000

$138/SF

Building Size

212,000 SF

Asset Type

Mixed-use

Closing

Mar 23, 2026

AI

The property asset involved in this transaction is located at 230 Franklin Road in the Franklin market. It is a mixed-use asset with a square footage of 212,000. The total loan amount secured for this asset is $29,300,000, classified as a recapitalization loan with terms extending for 29 years.

Summary of transaction details:

  • Property Type: Mixed-use
  • Transaction Amount: $29,300,000
  • Loan Type: Recapitalization
  • Loan Terms: 29 years
  • Lender: Chris Ellis, Katherine Swenson & Justin Chen - Nuveen Green Capital
  • Landlord: Holladay Properties

Key individuals involved in this transaction include Chris Ellis, Katherine Swenson, and Justin Chen, who represent the lending party Nuveen Green Capital in this deal. The property is managed by Holladay Properties, the landlord associated with this transaction.

Players

Nuveen Green Capital
Nuveen Green CapitalLender

Franklin Mixed-use Market Snapshot

Boundary boundary · Mixed-use · Loan transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.54%

Cash-on-Cash

-0.15%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93