Akara Partners Refinances Multifamily Property In Nashville, TN For $101.2M With Lender MF1 Capital

Akara Partners, represented by Rajen Shastri, has successfully refinanced a multifamily property located at 800 19th Avenue South in Nashville, TN. The property comprises 420 units with a total area of 211,458 square feet. The transaction was valued at $101,200,000.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $101,200,000
• Address: 800 19th Avenue South, Nashville, TN
• Market: Nashville, TN
• Lender: Michael Squires - MF1 Capital
• Borrower: Rajen Shastri - Akara Partners
• Brokers: Jesse Wright, Brian Dawson, Kenny Cutler, Joshua Odessky & J.J. Hovenden - JLL
• Loan Type: Refinance

JLL brokers Jesse Wright, Brian Dawson, Kenny Cutler, Joshua Odessky, and J.J. Hovenden played a key role in facilitating the loan refinancing transaction for Akara Partners. This deal marks a significant milestone for the property and the parties involved.