Memphis, TN

$21,500,000 First Mortgage

In December 2020, a $21.5 million first-mortgage loan was originated to finance the acquisition of a 376-unit multifamily property located at 6420 Knight Arnold Road in Memphis, Tennessee. The asset is situated in a well-established residential area with access to major employment centers and transportation routes, supporting a value-add strategy focused on operational improvements, unit upgrades, and long-term stabilization.