JLL has successfully arranged a $101.2 million refinancing deal for Kenect Nashville, a luxurious 420-unit high-rise apartment building located in the desirable Midtown neighborhood of Nashville. The borrower, Akara Partners, was able to secure this loan through MF1 with the assistance of JLL’s Capital Markets Debt Advisory team led by Jesse Wright.
Conveniently situated at the intersection of Division Street and 19th Avenue South, Kenect Nashville offers residents easy access to Vanderbilt University and Music Row as well as proximity to Belmont University. In addition, the surrounding area boasts over 18 million square feet of office space occupied by major employers such as Amazon, Meta, Oracle,and General Motors.
This successful refinancing showcases Akara Partners’ commitment to providing top-notch living experiences in prime locations like Kenect Nashville.