facebook
Traded Co logo
Submit

Square Mile Capital Management Provides $133.6M Construction Financing For Nashville Multifamily Property

Property Image
FINANCED
$133,600,000

Tennessee

See Similar Deals
MultiFamily
Financed 09/16/2022
the dealplayerscompscontact
Property Image
FINANCED

Square Mile Capital Management Provides $133.6M Construction Financing For Nashville Multifamily Property

1815 Church Street, Nashville, Tennessee 37203, United States

See Similar Deals
MultiFamily
Financed 09/16/2022
Contact now

Summary

TENNESSEE
Asset Type:MultiFamily
Transaction Type:Loan

The property involved in this closed transaction is a multifamily asset located at 1815 Church St in Nashville, TN. The property consists of 383 units and is owned by Ascend Real Estate Group & Wanxiang America Real Estate Group.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $133,600,000
  • Address: 1815 Church St, Nashville, TN
  • Market: Nashville, TN
  • Units: 383

The loan for this transaction was provided by Square Mile Capital Management LLC. The lender offered construction financing for the property. The broker involved in the deal is Chris Knight from JLL, representing the parties in the transaction.

Players

Christopher Knight
12 deals$747.6M volume
BROKER

LANDLORD

Details

FINANCED
IMAGE: Chris Knight DATE: 09/16/2022 ADDRESS: 1815 Church St MARKET: Nashville, TN ASSET TYPE: Multifamily ~ UNITS: 383 LENDER: Square Mile Capital Management LLC LANDLORD: Ascend Real Estate Group & Wanxiang America Real Estate Group BROKER: Chris Knight - JLL LOAN AMOUNT: $133,600,000 LOAN TYPE: Construction financing

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

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
Debt Service Coverage Ratio (DSCR)

1.05x

Max Loan Amount

$133,600,000.00

Monthly NOI$890,666.67
Monthly Debt Service$844,442.88
Change in Cash Flow$0.00
Refinance Proceeds$0.00