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TennesseeFinanceMultifamily

Walker & Dunlop provides $120 million in financing for mixed-use community in Nashville’s Gulch neighborhood

April 12, 2024
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Photo courtesy of Walker & Dunlop.

Walker & Dunlop, Inc. recently arranged $120 million in financing for 1111 Church, Nashville’s newest Class-A mixed-use multifamily community in the heart of 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 acted as exclusive advisors to repeat client, Tidal Real Estate Partners. The team identified J.P. Morgan and Naftali Credit Partners as the ideal lenders to secure the five-year, interest-only refinance. The Walker & Dunlop team also arranged construction financing for the property in 2021.

1111 Church includes 380 units spanning an impressive mix of studio and one- and two-bedrooms across nine unique layouts, all of which cater to today’s young working professionals and families. The property also offers over 52,000 square feet of recreational space, highlighted by a sprawling outdoor pool area, state-of-the-art fitness center, a pickleball court, golf simulators, and more.

Additionally, residents enjoy expansive outdoor greenspaces, indoor lounges, and entertainment areas, creating a truly immersive living experience.

Situated just two blocks from the bustling Nashville Yards development, 1111 Church enjoys close proximity to major employers and entertainment options, including the recently opened mini golf experience Puttshack within the building, which further draws new residents, locals and tourists alike to the property.

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