Dealmaker: Walker & Dunlop Arranges $120M Refinancing for Nashville Multifamily

(Illustration courtesy of Walker & Dunlop)

Walker & Dunlop, Bethesda, Md., arranged $120 million in financing for 1111 Church, Nashville’s newest Class A mixed-use multifamily community in the city’s Gulch neighborhood.

The Walker & Dunlop Capital Markets team, led by Keith Kurland, Aaron Appel, Jonathan Schwartz, Adam Schwartz, Michael Diaz and Michael Ianno, advised repeat client Tidal Real Estate Partners, New York. The team identified J.P. Morgan, New York, and Naftali Credit Partners, New York and Miami, to supply the five-year, interest-only refinance.

The Walker & Dunlop team also arranged construction financing for the property in 2021.

1111 Church includes 380 studio and one- and two-bedroom units in nine unique layouts. The property also offers over 52,000 square feet of recreational space, an outdoor pool area, pickleball court, golf simulators and the recently opened mini golf experience Puttshack within the building.