Madison Realty Capital Provides $45M Acquisition Loan For Mixed-Use Property In Nashville, Tennessee
Nashville, Tennessee, USA
$45,000,000
Building Size
—
Asset Type
Mixed-use
Closing
Nov 17, 2021
AI
A mixed-use property situated on 3.71 acres in Nashville, Tennessee has been acquired in a closed transaction. The property transaction involved an acquisition loan valued at $45,000,000.
Summary of transaction details
- Property Type: Mixed-use
- Transaction Amount: $45,000,000
- Market: Nashville, Tennessee
- Acres: 3.71
The lender in this deal was Madison Realty Capital, represented by Josh Zegen. The landlord involved in the transaction was GBT Realty and Atalaya Capital. The brokers who facilitated the deal were Bill Fishel and Matt Stewart from JLL Capital Markets, along with Adi Chugh from Surya Capital.
These key individuals and companies played crucial roles in ensuring the success of the transaction.
Players
Nashville-Davidson 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
0.35%
Cash-on-Cash
-0.10%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93