Loan Highlights

  • Location: Nashville, TN
  • Product Type: Land
  • Loan Amount: $3,850,000

Description

Land

Revere Capital funded a loan totaling $3,850,000 secured by a 15-acre tract of land in Nashville, TN zoned senior living ​​​​

  • Loan proceeds were used to recapitalize the project and fund remaining predevelopment cost
  • Loan provided the sponsor with 43% of appraised value