Lument Provides $13.8M Bridge Loan For Nashville Multifamily Property

Located at 108 Thompson Ln in Nashville, TN, this multifamily property consisting of 110 units recently underwent a closed transaction. The deal was facilitated by Colin Cross and John Sloot from lument''>Lument, who acted as the lenders providing the necessary funds. The loan amount for this transaction was $13,800,000, and it was structured as a bridge loan. John Brickson from Old Capital represented the buyer as the broker in this deal.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $13,800,000
• Address: 108 Thompson Ln, Nashville, TN
• Market: Nashville, TN
• Asset Type: Multifamily
• Units: 110

Colin Cross and John Sloot from Lument played a pivotal role in securing the bridge loan for this multifamily property transaction. John Brickson, representing Old Capital, served as the broker, ensuring a smooth deal for the buyer. The transaction highlights the active real estate market in Nashville, TN.