BD Capital | Nashville, TN
824
portfolio_page-template-default,single,single-portfolio_page,postid-824,ctct-bridge,ajax_fade,page_not_loaded,,qode_grid_1300,footer_responsive_adv,qode-content-sidebar-responsive,qode-child-theme-ver-1.0.0,qode-theme-ver-16.9,qode-theme-bridge,qode_header_in_grid,wpb-js-composer js-comp-ver-6.5.0,vc_responsive
 

Nashville, TN

About This Project
  • Building: Former Bed & Breakfast
  • Acquisition: $1,600,000
  • Construction: $1,185,000
  • Sale: TBD
  • Project Return: TBD
  • Notes: Borrower acquired a historic bed and breakfast in Nashville’s dynamic and walkable 12 South neighborhood. The borrower took great care to respect the historic nature of the area and property while skillfully delivering a unique luxury home. The property was gut renovated with a three-level addition plus gunite pool. The borrower received 60%/100% and the loan was below 65% LTV. BD Capital assisted with a tight closing timeframe and overcame valuation hurdles because there were no obvious comparable sales.