{"id":797476,"date":"2022-06-07T17:01:15","date_gmt":"2022-06-07T15:01:15","guid":{"rendered":"https:\/\/bebeez.it\/non-categorizzato\/acre-provides-58-5m-loan-for-braxton-music-city-development-in-nashville-tenn\/"},"modified":"2023-07-11T10:43:55","modified_gmt":"2023-07-11T08:43:55","slug":"acre-provides-58-5m-loan-for-braxton-music-city-development-in-nashville-tenn","status":"publish","type":"post","link":"https:\/\/bebeez.it\/en\/private-capital-in-north-america\/acre-provides-58-5m-loan-for-braxton-music-city-development-in-nashville-tenn\/","title":{"rendered":"ACRE Provides $58.5M Loan for \u2018Braxton Music City\u2019 Development in Nashville, Tenn."},"content":{"rendered":"Bridge loan highlights $169M in May activity from leading real estate private equity firm\u2019s debt fund \u2018ACRE Credit I\u2019\n\nNASHVILLE, Tenn.--(BUSINESS WIRE)--ACRE, a global real estate private equity firm, today announced it has finalized a $58.5 million bridge loan with Passive Investing, to support the upscale multifamily apartment community \u2018Braxton Music City\u2019 in Nashville, Tennessee.\n\n\n\nIssued through ACRE\u2019s latest debt fund \u201cACRE Credit I\u201d, the loan follows Passive Investing\u2019s recent purchase of the 236-unit community. Executed in May, the 3-year agreement includes options for two single-year extensions.\n\n\nWare Shipman of JLL\u2019s Capital Markets division served as lead broker for the deal.\n\n\n\u201cNashville has long been on<div class=\"leaky_paywall_message_wrap\"><div id=\"leaky_paywall_message\"><a href=\"https:\/\/bebeez.it\/abbonati\/\">Abbonati<\/a> o <a href=\"https:\/\/bebeez.it\/mio-account\/\">Accedi<\/a> per leggere il resto di questo contenuto.<\/div><\/div>","protected":false},"excerpt":{"rendered":"<p>Bridge loan highlights $169M in May activity from leading real estate private equity firm\u2019s debt fund \u2018ACRE Credit I\u2019 NASHVILLE, Tenn.&#8211;(BUSINESS WIRE)&#8211;ACRE, a global real estate private equity firm, today announced it has finalized a $58.5 million bridge loan with Passive Investing, to support the upscale multifamily apartment community \u2018Braxton Music City\u2019 in Nashville, Tennessee. [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[49625],"tags":[],"settori":[],"slider_categorie_and_home_page":[],"class_list":["post-797476","post","type-post","status-publish","format-standard","hentry","category-private-capital-in-north-america"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v23.5 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>ACRE Provides $58.5M Loan for \u2018Braxton Music City\u2019 Development in Nashville, Tenn. - BeBeez<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/bebeez.it\/en\/private-capital-in-north-america\/acre-provides-58-5m-loan-for-braxton-music-city-development-in-nashville-tenn\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"ACRE Provides $58.5M Loan for \u2018Braxton Music City\u2019 Development in Nashville, Tenn. - BeBeez\" \/>\n<meta property=\"og:description\" content=\"Bridge loan highlights $169M in May activity from leading real estate private equity firm\u2019s debt fund \u2018ACRE Credit I\u2019 NASHVILLE, Tenn.--(BUSINESS WIRE)--ACRE, a global real estate private equity firm, today announced it has finalized a $58.5 million bridge loan with Passive Investing, to support the upscale multifamily apartment community \u2018Braxton Music City\u2019 in Nashville, Tennessee. 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