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Nashville, Tennessee, USA

Madison Realty Capital Provides $45M Acquisition Loan For Mixed-Use Property In Nashville, Tennessee
FINANCEDMixed-use

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

Adi Chugh

TYKO Capital

Broker

$5.9B

vol

24 deals

Broker
Madison Realty Capital
Madison Realty CapitalLender

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