Walker & Dunlop Arranges $105M Loan for Nashville Apartment Refi
Walker & Dunlop arranged $105 million in loan proceeds to refinance 805 Lea, a 356-unit, Class-A high-rise mixed-use property in Nashville, Tennessee.
Walker & Dunlop’s Real Estate Finance, Stephen Farnsworth and his team arranged the loan on behalf of Key Real Estate Company. The financing, provided by Nuveen (a TIAA company), includes a three-year term with two optional 12-month extensions.
Built in 2021, 805 Lea is a 356-unit high-rise apartment community located on 0.691 acres in the heart of downtown Nashville. The property includes 10,203 square feet of ground-floor retail across three suites. Residents at 805 Lea enjoy a full suite of luxury amenities, including 24-hour concierge service, a 29th-floor sky lounge, a saltwater swimming pool, a fitness center, two outdoor fire pits, and more.
Located between the Gulch and SoBro neighborhoods, 805 Lea offers residents walkable access to Nashville’s top dining, entertainment, and employment hubs.
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Remax Real Estate Professionals
Re/Max Real Estate Professionals
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Jared Ennis
Central CA Commercial | California
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Rick Recckio
Recckio Real Estate & Development
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Greg Corbin
Northgate Real Estate Group
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Essex Property Trust, Inc.
California
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Josh A
California
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Bob Tuteur
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Andrew Schildcrout