Alliance Residential & Carlyle Group Secure $64M Construction Loan In Nashville | 2500 Bransford Avenue | ServisFirst Bank | MultiFamily | Loan

Summary

Loan

TENNESSEE

MultiFamily

The property involved in the transaction is the luxury property Broadstone Berry Hill located at 2500 Bransford Avenue in Metro Nashville, Tennessee. The property consists of 303 units and was financed with a $64 million construction loan from ServisFirst Bank.

Summary of transaction details:

Property Type: Multifamily
Transaction Amount: $64,000,000
Units: 303
Landlord: Bruce Ward - Alliance Residential Co & Harvey Schwartz - Carlyle Group
Lender: ServisFirst Bank

Alliance Residential Co. and The Carlyle Group are the key individuals behind the deal for the property at Broadstone Berry Hill in Nashville. Bruce Ward represents Alliance Residential Co. while Harvey Schwartz represents the Carlyle Group in this transaction.

Players

All
1

Lenders
1

ServisFirst Bank

Details

Deal Summary

FINANCED

IMAGE: Bruce Ward & Harvey Schwartz DATE: 02/16/2024 ADDRESS: 2500 Bransford Avenue MARKET: Nashville, TN ASSET TYPE: Multifamily ~ UNITS: 303 LENDER: ServisFirst Bank LANDLORD: Bruce Ward - Alliance Residential Co & Harvey Schwartz - Carlyle Group LOAN AMOUNT: $64,000,000 LOAN TYPE: Construction NOTE: Alliance Residential Co., in partnership with The Carlyle Group, has unveiled Broadstone Berry Hill, a 303-unit luxury property in metro Nashville, Tennessee, financed with a $64 million construction loan from ServisFirst Bank.

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Address2500 Bransford Avenue

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