FINANCED
Big Plan Holdings Secures $61M Construction Loan For Nashville Bar/Restaurant Project
405 Broadway
Retail
37,000 SF
37,000 SF
Financed 138 days ago
Summary
Loan
TENNESSEE
Retail
37,000 sqft
The Nashville-based family office, Big Plan Holdings, has closed a $61,000,000 construction loan for its 36,767 sq. ft bar/restaurant/entertainment venue development located at 405 Broadway in downtown Nashville. This property was previously acquired by Big Plan Holdings in 2020 for $9,400,000. The development is expected to open in late spring and will feature a branded concept with an A-list celebrity partner soon to be announced.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: $61,000,000
- Square Footage: 37,000
- Address: 405 Broadway
- Market: Nashville, TN
Big Plan Holdings, owned and operated by the Joseph family, is the landlord of the property. They are a family office with investments in various industries such as real estate, cannabis, music + entertainment, sports, fashion, and philanthropy. For further information, interested parties can contact Big Plan Holdings at [email protected].
Details
FINANCED
IMAGE: Josh Joseph
DATE: 12/22/2023
ADDRESS: 405 Broadway
MARKET: Nashville, TN
ASSET TYPE: Retail ~ SF: 37,000
LANDLORD: Josh Joseph - Big Plan Holdings
LOAN AMOUNT: $61,000,000
LOAN TYPE: Construction
NOTE FROM LANDLORD: The Nashville-based family office, Big Plan Holdings, recently closed a $61,000,000 construction loan to complete its 36,767 sq. ft bar/restaurant/entertainment venue development at 405 Broadway in downtown Nashville. Big Plan Holdings acquired the land in 2020 for $9,400,000 and has since landed an A-list celebrity partner for the branded concept which will be announced soon. The concept is expected to be open in late spring.
About Big Plan Holdings:
Big Plan Holdings is the family office owned and operated by the Joseph family. Businesses and investments are held in a wide range of industries including real estate, cannabis, music + entertainment, sports, fashion, and philanthropy. Contact Big Plan Holdings at [email protected]View on map
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Address405 Broadway
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