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Akara Partners Secures $101M Refi Loan for Nashville High-Rise Community
JLL has arranged the $101.2 million refinancing for Kenect Nashville, a 420-unit, Class A, 2020-vintage, high-rise apartment building located in Nashville’s Midtown neighborhood. JLL worked on behalf of the borrower, Akara Partners, to secure the loan through MF1. The JLL Capital Markets Debt Advisory team was led by Jesse Wright.
Situated at 800 19th Ave. South, Kenect Nashville is at the intersection of Division Street and 19th Avenue South. The property is near Vanderbilt University and Music Row and is also proximate to Belmont University. Additionally, residents are surrounded by 18 million square feet of office space occupied by prominent employers, including Amazon, Meta, Oracle, General Motors and more.
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- ◦Financing
