Nashville, TN – Matthews Real Estate Investment Services™, a commercial real estate investment services and technology firm, completed the sale of Gateway Village, a mixed-use multifamily and retail development located at 820 N Thompson Ln, Murfreesboro, TN. Matthews™ Capital Markets financed the sale by securing a $14.2M bridge loan provided by Blue Vista Finance. First Vice President Chad Plumly handled the financing.
Matthews™ represented the sellers, local investors, who were looking to dispose of the property and reallocate capital into industrial assets in the region. Associate Tripp Brown and Regional Director Johnny Blue Craig handled the transaction.
The buyer was a first-time commercial real estate investor looking to enter the Tennessee market. Using Matthews’ national shared database, agents sourced the private buyer, based out of Denver, for the unique deal and offered financing through the firm’s debt and equity services. The buyer used this purchase to launch a new acquisition platform and plans to transition the complex to a medical-focused plaza.
Matthews™ Capital Markets is a fully integrated and dedicated financing division of the national firm. Its services include a full suite of capital market solutions for all real estate funding needs.
“Our goal is to provide seamless, viable solutions for investors across the U.S., no matter the sector or situation,” Plumly said. “This sale was unique in that the buyer was a first-time investor and needed our robust database to find a lender that was willing to take on a new buyer at a significant loan amount.”
For more information or to contact Chad Plumly, please visit www.matthews.com.
About Matthews™
Matthews Real Estate Investment Services™, a commercial real estate investment services and technology firm, holds recognition as an industry leader in investment sales, leasing, and debt and structured finance. Founded in El Segundo, CA, and strategically positioned with over 400 agents and support staff in over 13 offices across the United States, Matthews™ continues to focus on expansion into new markets. For more information, please visit www.matthews.com.
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