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Woodfield Development secures $53.7 million loan for luxury apartment community in Nashville

July 9, 2024
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Woodfield Development secured a $53.7 million senior loan for Margaux Midtown, a luxury apartment community in Nashville, Tennessee.

Financing was provided by the BWE’s proprietary bridge program and was structured by Adam Bieber and Alec Jenkins from BWE’s Washington, D.C. office.

Delivered in 2023, Margaux is a luxury mid-rise apartment community located in the Midtown neighborhood of Nashville. Margaux offers 292 elegant apartment homes featuring thoughtful, top-of-market finishes, including stainless steel appliances, granite or quartz countertops, full-size energy-efficient washers/dryers in each unit, hardwood-style plank flooring, and more.

Residents also have access to a full suite of unique community amenities, such as a state-of-the-art fitness center, a clubroom with mini duck bowling, a private yoga room, dedicated work pods, complimentary coffee, a sky lounge and rooftop terrace, a speakeasy with a performance stage, a resort-style swimming pool, a podcast room, and more.

Conveniently located in Midtown, Margaux is at the nexus of three of Nashville’s most vibrant neighborhoods: the Gulch, Music Row, and West End. Residents enjoy walkable access to many of Nashville’s most popular cultural, entertainment, dining, nightlife, and shopping destinations. Margaux is also less than two blocks away from Interstates 40 and 65, Broadway, and Charlotte Avenue, offering an excellent commuter location approximately one mile from Vanderbilt University, Vanderbilt University Medical Center, and the HCA Healthcare headquarters.

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multifamilyNashvilleTennesseeWoodfield Development
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