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PCCP Provides $76 Million Refinance For Denholtz's Overall Creek Apartments In Murfreesboro TN

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FINANCED
$76,000,000

Tennessee

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MultiFamily
Financed 12/22/2025
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Property Image
FINANCED

PCCP Provides $76 Million Refinance For Denholtz's Overall Creek Apartments In Murfreesboro TN

5150 Jack Byrnes Drive

See Similar Deals
MultiFamily
Financed 12/22/2025
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Summary

TENNESSEE
Asset Type:MultiFamily
Transaction Type:Loan

The property asset involved in this transaction is the Overall Creek Apartments, a multifamily asset located at 5150 Jack Byrnes Drive in Murfreesboro, TN. The asset comprises 384 units and is currently 94% occupied. It features amenities such as a pool and dog park, reflecting ongoing interest in multifamily properties in the Southeastern market. The loan provided for this property is a refinance amounting to $76,000,000.

Summary of transaction details:

  • Property Type: MultiFamily
  • Transaction Amount: $76,000,000
  • Loan Type: Refinance
  • Lender: Pacific Coast Capital Partners (PCCP)
  • Landlord: Jennifer McCool - Denholtz Properties
  • Brokers: John Alascio, Chuck Kohaut & Chris Meloni - Cushman & Wakefield

This transaction highlights important contributors to the deal, particularly the landlord Jennifer McCool representing Denholtz Properties. Cushman & Wakefield served as the broker, successfully arranging the refinance, which is underscored by the asset's strong performance and strategic market positioning.

Players

John Alascio
56 deals$5.3B volume
BROKER

Chuck Kohaut
Cushman & Wakefield
41 deals$3.3B volume
BROKER

Chris Meloni
Cushman & Wakefield
6 deals$556.3M volume(202) 368-9546
BROKER

Pacific Coast Capital Partners (PCCP)
LENDER

Details

FINANCED
IMAGE: 12/22/2025 ADDRESS: 5150 Jack Byrnes Drive MARKET: Murfreesboro, TN ASSET TYPE: MultiFamily ~ UNITS: 384 LENDER: Pacific Coast Capital Partners (PCCP) LANDLORD: Jennifer McCool - Denholtz Properties BROKERS: John Alascio, Chuck Kohaut & Chris Meloni - Cushman & Wakefield LOAN AMOUNT: $76,000,000 LOAN TYPE: Refinance NOTE: PCCP provided a $76M refinance for Denholtz’s 384-unit Overall Creek Apartments in Murfreesboro, TN, with Cushman & Wakefield arranging the deal, citing strong performance and strategic positioning. The property, 94% occupied and featuring amenities like a pool and dog park, underscores ongoing investor demand for multifamily assets in growing Southeastern markets.

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Deal Type
Debt Service Coverage Ratio (DSCR)

1.05x

Max Loan Amount

$76,000,000.00

Monthly NOI$506,666.67
Monthly Debt Service$480,371.70
Change in Cash Flow$0.00
Refinance Proceeds$0.00