Daily limit: 0/10
The Dinerstein Companies And Merus Secure $102.9 Million Refinance Loan From Heitman For Nashville Multifamily
FINANCED
$102,900,000
Tennessee
See Similar DealsMultiFamily
Financed 02/17/2026
FINANCED
The Dinerstein Companies And Merus Secure $102.9 Million Refinance Loan From Heitman For Nashville Multifamily
1801 Patterson Street
See Similar DealsMultiFamily
Financed 02/17/2026
Summary
TENNESSEE
Asset Type:MultiFamily
Transaction Type:Loan
The property involved in this transaction is Aspire Midtown, a multifamily asset located at 1801 Patterson Street in Nashville, TN. It consists of 277 apartment units and offers modern living accommodations along with amenities. The property is strategically situated close to downtown Nashville and the airport.
Summary of transaction details:
- Property Type: MultiFamily
- Transaction Amount: $102,900,000
- Lender: Heitman
- Landlord: The Dinerstein Companies & Merus
- Loan Type: Refinance
- Loan Date: 02/17/2026
The Dinerstein Companies and Merus secured a loan from Heitman for the refinancing of the property. This financial arrangement was specifically aimed at the 277-unit apartment community, enhancing its operational capacity while allowing the ownership to maintain its presence in the competitive Nashville market.
Players
Details
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Similar Deals
Contact
Get in touch with the broker you want
Similar Lenders
Unlock All Profiles
Upgrade to Traded Pro for full access to every deal, profile & market insight.Unlimited deal views
Access investor profiles & contacts
Exclusive comps & market data
Go Pro
Similar Brokers
Top Markets for Multifamily Investment ReportFall 2025
Search Address Tool
Enter any address to instantly view nearby comps, investors, brokers, lenders, and a visual map.NEW!
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
30 years
10 years
Debt Service Coverage Ratio (DSCR)
1.05x
Max Loan Amount
$102,900,000.00
Monthly NOI$686,000.00
Monthly Debt Service$650,398.00
Change in Cash Flow$0.00
Refinance Proceeds$0.00
Is there something missing? Send suggestions