Key Real Estate Co. has secured $105 million in loan proceeds to refinance 805 Lea, a 356-unit, class A high-rise mixed-use property located in Nashville.
Walker & Dunlop’s Real Estate Finance team arranged the loan. The financing, provided by Nuveen (a TIAA company), includes a three-year term with two optional 12-month extensions.
Built in 2021, 805 Lea is a 356-unit high-rise apartment community located on 0.691 acres in the heart of downtown Nashville. The property includes 10,203 square feet of ground-floor retail across three suites. Residents at 805 Lea enjoy a full suite of luxury amenities, including 24-hour concierge service, a 29th-floor sky lounge, a saltwater swimming pool, a state-of-the-art fitness center, two outdoor fire pits and more.
“Working with both an experienced financing team at Walker & Dunlop and sponsor at Key Real Estate allowed for a swift execution through a volatile market,” said Marc Roth, director of real estate de
