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2010 West End Avenue

Tishman Speyer Secures $67.2M Loan From Corebridge Financial For Multifamily Acquisition In Nashville
FINANCEDMultiFamily

Tishman Speyer Secures $67.2M Loan From Corebridge Financial For Multifamily Acquisition In Nashville

2010 West End Avenue

$67,200,000

Building Size

Asset Type

MultiFamily

Closing

May 12, 2025

AI

The asset involved is a multifamily property located at 2010 West End Avenue in Nashville, TN, consisting of 358 units. The acquisition of this apartment building was executed at a transaction value of $112 million.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $112,000,000
  • Loan Amount: $67,200,000
  • Loan Type: Acquisition
  • Lender: Kevin Hogan - Corebridge Financial
  • Landlord: Rob Speyer - Tishman Speyer

In this transaction, Tishman Speyer secured financing from Corebridge Financial to facilitate the acquisition of the mentioned property. The involvement of Kevin Hogan represents Corebridge Financial in this loan agreement.

Players

Corebridge Financial
Corebridge FinancialLender

Rob Speyer

Tishman Speyer

Landlord

$4.5B

vol

45 deals

Landlord

Nashville MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Loan transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.24%

Cash-on-Cash

-0.07%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93