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

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.