BD Capital | Nashville, TN
824
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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.