{"id":827338,"date":"2025-03-19T06:03:35","date_gmt":"2025-03-19T10:03:35","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/walker-dunlop-arranges-253-million-construction-financing-for-nashvilles-pendry-nashville-and-pendry-residences-nashville\/"},"modified":"2025-03-19T06:03:35","modified_gmt":"2025-03-19T10:03:35","slug":"walker-dunlop-arranges-253-million-construction-financing-for-nashvilles-pendry-nashville-and-pendry-residences-nashville","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/walker-dunlop-arranges-253-million-construction-financing-for-nashvilles-pendry-nashville-and-pendry-residences-nashville\/","title":{"rendered":"Walker & Dunlop Arranges $253 Million Construction Financing for Nashville\u2019s Pendry Nashville and Pendry Residences Nashville"},"content":{"rendered":"

<\/p>\n

Walker & Dunlop Arranges $253 Million Construction Financing for Nashville\u2019s Pendry Nashville and Pendry Residences Nashville<\/b><\/p>\n

BETHESDA, Md.–(BUSINESS WIRE<\/a>)–Walker & Dunlop, Inc.<\/a> announced today that it arranged a $253 million construction loan to facilitate the development of the Pendry Nashville and Pendry Residences Nashville a soon to be 30-story hotel condominium tower located in Nashville’s rapidly growing Paseo South Gulch district.\n<\/p>\n

This press release features multimedia. View the full release here: https:\/\/www.businesswire.com\/news\/home\/20250319584769\/en\/<\/a><\/p>\n

\"Photo<\/p>\n

Photo Credits: SomeraRoad<\/p>\n<\/div>\n

\nThe Walker & Dunlop New York Capital Markets team, led by Aaron Appel<\/a>, Keith Kurland<\/a>, Jonathan Schwartz<\/a>, Adam Schwartz<\/a>, Michael Diaz<\/a>, Sean Bastian<\/a> and Jackson Irwin<\/a> arranged the construction financing on behalf of SomeraRoad and Trestle Studio. Bank OZK and InterVest Capital Partners provided the financing package.\n<\/p>\n

Jay Morrow<\/a> and Carter Gradwell<\/a> of the Walker & Dunlop Hospitality team advised SomeraRoad throughout the process, working in collaboration with the New York Capital Markets team.\n<\/p>\n

\nAs Phase 3 of the Paseo South Gulch master-planned micro-neighborhood by SomeraRoad, the Pendry Nashville Hotel & Residences will feature 180 hotel keys and 146 Pendry-branded luxury condominiums. Upon completion, the development will offer a wide range of amenities, a variety of upscale food and beverage outlets, curated event spaces, and individual pools for both hotel guests and residents, among other offerings.\n<\/p>\n

\n\u201cHaving worked with SomeraRoad to capitalize prior phases of their Paseo South Gulch master-planned development, we are firm believers in their long-term vision for the neighborhood,\u201d said Aaron Appel, senior managing director and co-head of New York Capital Markets at Walker & Dunlop. \u201cIn a market where more and more capital providers are shying away from complex mixed-use developments, this transaction highlights the availability of liquidity for qualified Sponsors with unique projects.\u201d\n<\/p>\n

\nThe project is expected to break ground immediately with opening scheduled for 2027.\n<\/p>\n

\nIn 2024, Walker & Dunlop\u2019s Capital Markets team sourced over $16 billion from non-Agency capital providers. This vast experience has made them a top advisor on all asset classes for many of the industry\u2019s top developers, owners, and operators. To learn more about Walker & Dunlop\u2019s broad financing options, visit our website<\/a>.\n<\/p>\n

About Walker & Dunlop<\/b><\/p>\n

Walker & Dunlop<\/a> (NYSE: WD) is one of the largest commercial real estate finance and advisory services firms in the United States and internationally. Our ideas and capital create communities where people live, work, shop, and play. Our innovative people, breadth of our brand, and our technological capabilities make us one of the most insightful and client-focused firms in the commercial real estate industry.\n<\/p>\n

\"\"<\/p>\n

View source version on businesswire.com: <\/span>https:\/\/www.businesswire.com\/news\/home\/20250319584769\/en\/<\/a><\/span><\/p>\n

Investors:
\n<\/b>
Kelsey Duffey
\n
Investor Relations
\n
Phone<\/i> 301.202.3207
\n
investorrelations@walkeranddunlop.com<\/a><\/p>\n

Media:
\n<\/b>
Nina H. von Waldegg
\n
VP, Public Relations
\n
Phone<\/i> 301.564.3291
\n
info@walkeranddunlop.com<\/a><\/p>\n

Phone<\/i> 301.215.5500\n<\/p>\n

\n7272 Wisconsin Avenue, Suite 1300
\n
Bethesda, Maryland 20814\n<\/p>\n

KEYWORDS:<\/b> United States North America Maryland<\/p>\n

INDUSTRY KEYWORDS:<\/b> Commercial Building & Real Estate Construction & Property Lodging Finance Travel Building Systems Professional Services Urban Planning<\/p>\n

MEDIA:<\/b><\/p>\n\n\n\n\n\n\n\n
Photo<\/b><\/font><\/td>\n<\/tr>\n
\"Photo\"<\/td>\n<\/tr>\n
Photo Credits: SomeraRoad<\/font><\/td>\n<\/tr>\n
Logo<\/b><\/font><\/td>\n<\/tr>\n
\"Logo\"<\/td>\n<\/tr>\n
<\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"

Walker & Dunlop Arranges $253 Million Construction Financing for Nashville\u2019s Pendry Nashville and Pendry Residences Nashville BETHESDA, Md.–(BUSINESS WIRE)–Walker & Dunlop, Inc. announced today that it arranged a $253 million construction loan to facilitate the development of the Pendry Nashville and Pendry Residences Nashville a soon to be 30-story hotel condominium tower located in Nashville’s rapidly growing Paseo South Gulch district. This press release features multimedia. View the full release here: https:\/\/www.businesswire.com\/news\/home\/20250319584769\/en\/ Photo Credits: SomeraRoad The Walker & Dunlop New York Capital Markets team, led by Aaron Appel, Keith Kurland, Jonathan Schwartz, Adam Schwartz, Michael Diaz, Sean Bastian and Jackson Irwin arranged the construction financing on behalf of SomeraRoad and Trestle Studio. Bank OZK and InterVest Capital Partners provided the … <\/p>\n

Continue reading “Walker & Dunlop Arranges $253 Million Construction Financing for Nashville\u2019s Pendry Nashville and Pendry Residences Nashville”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-827338","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nWalker & Dunlop Arranges $253 Million Construction Financing for Nashville\u2019s Pendry Nashville and Pendry Residences Nashville - Market Newsdesk<\/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:\/\/www.marketnewsdesk.com\/index.php\/walker-dunlop-arranges-253-million-construction-financing-for-nashvilles-pendry-nashville-and-pendry-residences-nashville\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Walker & Dunlop Arranges $253 Million Construction Financing for Nashville\u2019s Pendry Nashville and Pendry Residences Nashville - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Walker & Dunlop Arranges $253 Million Construction Financing for Nashville\u2019s Pendry Nashville and Pendry Residences Nashville BETHESDA, Md.–(BUSINESS WIRE)–Walker & Dunlop, Inc. announced today that it arranged a $253 million construction loan to facilitate the development of the Pendry Nashville and Pendry Residences Nashville a soon to be 30-story hotel condominium tower located in Nashville’s rapidly growing Paseo South Gulch district. This press release features multimedia. View the full release here: https:\/\/www.businesswire.com\/news\/home\/20250319584769\/en\/ Photo Credits: SomeraRoad The Walker & Dunlop New York Capital Markets team, led by Aaron Appel, Keith Kurland, Jonathan Schwartz, Adam Schwartz, Michael Diaz, Sean Bastian and Jackson Irwin arranged the construction financing on behalf of SomeraRoad and Trestle Studio. 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