FCA Partners Secures $103M Loan For Multifamily Developments In Nashville, Atlanta, And Summerville

The transaction involves a multifamily asset situated at multiple addresses, including 1505 Demonbreun Street, 131 Ponce De Leon Avenue Northeast, and 500 Lama Drive. The loan amount secured for this property is $103,000,000, earmarked for financing developments in Nashville, TN, Atlanta, GA, and Summerville, SC.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $103,000,000
• Landlord: FCA Partners
• Brokers: J. Tyler Blue, Paul Wallace & Ty Blue - Bellwether Enterprise (BWE)
• Market: Nashville, TN; Atlanta, GA; Summerville, SC
• Loan Type: Fannie Mae credit facility

Bellwether Enterprise (BWE) played a crucial role in this transaction by securing the financing necessary for the market-rate housing developments involved. The deal encompasses different locations which together contribute to addressing housing needs in their respective markets.