Canyon Partners Real Estate & JP Morgan Chase Extend $174.6M Construction Loan For One22One Office Tower In Nashville | 1221 Broadway | J.P. Morgan Chase & Company, Canyon Partners | Office | Loan

Summary

Loan

TENNESSEE

Office

373,232 sqft

One22One, a premium office tower located at 1221 Broadway in Nashville, Tennessee, has been recapitalized through a senior construction loan. The loan amount of $174,600,000 was jointly extended by Canyon Partners Real Estate and J.P. Morgan Chase to a partnership between GBT Realty Corporation and Koch Real Estate Investments.

Summary of transaction details

Property Type: Office
Transaction Amount: $174,600,000
Square Footage: 373,232 SF
Address: 1221 Broadway, Nashville, TN
Market: Nashville, TN

The lender for this transaction is Canyon Partners Real Estate and J.P. Morgan Chase, while the landlord is George Tomlin, representing GBT Realty Corporation and Koch Real Estate Investments.

It is important to note that the loan provided by Canyon Partners Real Estate and J.P. Morgan Chase is specifically for the purpose of recapping the One22One office tower, which has recently been completed in Nashville.

Players

All
2

Lenders
2

J.P. Morgan Chase & Company

Canyon Partners

Details

Deal Summary

FINANCED

IMAGE: George Tomlin DATE: 08/30/2023 ADDRESS: 1221 Broadway MARKET: Nashville, TN ASSET TYPE: Office ~ SF: 373,232 LENDER: Canyon Partners Real Estate & JP Morgan Chase LANDLORD: George Tomlin - GBT Realty Corporation & Koch Real Estate Investments LOAN AMOUNT: $174,600,000 LOAN TYPE: Construction NOTE: Canyon Partners Real Estate and J.P. Morgan have jointly extended a $174.6 million senior construction loan to a partnership between GBT Realty Corporation and Koch Real Estate Investments for the recapitalization of One22One, a recently completed premium office tower in Nashville.

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Address1221 Broadway

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