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March 8, 2019
Financing secured for 40-story Four Seasons tower in downtown Nashville, TN
Source: William Williams, Nashville Post
A British firm has extended financing for a 40-story mixed-development tower in Nashville’s SoBro neighborhood.
The project is being funded by a $280 million construction loan from London-based firm CIFF Investments LLP.
Just seven days ago, the property was sold to development firms The Congress Group of Boston and AECOM Capital Real Estate for $35 million. The property is currently the site of Market Street Apartments, which will be demolished.
The new development will include luxury condominiums and a Four Seasons hotel. At 40 stories, the new building will be among the three tallest in Nashville.
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