Acquisition
$28,925,000
Downtown Nashville, TN | Land

ABP Capital provided a $28,925,000 loan to finance the acquisition of a full city block in the heart of downtown Nashville in the Rutledge Hill Neighborhood, 5-blocks from Broadway. ABP successfully underwrote and closed the loan in 27-days. Post closing, the borrower will begin entitlements for a large mixed-use project that could include a mix of hotel, office, apartments, and retail.