Repeat Client Closes $6.2MM Commercial Property Purchase in Tennessee
Our team at Alternative Capital Solutions was able to recently help a long-term client close a $6.2MM loan for the purchase of 133 acres in Portland, Tennessee. A native of Bowling Green, Kentucky and a well-known developer, our client allowed us to work locally and we were able to secure financing for this deal using a Tennessee community bank. Sitting as a previously stalled development project, the large tract of land will now be revived by our client and will boast 269 single-family residential lots with Phase 1 of the project launching soon with 84 pre-paid lots. This loan closing is a testament to our Credit Team and our repeat clients who trust us to secure the right funding quickly and easily.
Have a commercial real estate deal that you would like to talk through? Our team is comprised of creative outside-the-box thinkers who thrive in finding unique funding solutions. Contact us today by submitting a Funding Inquiry via our website: https://alternativecapitalsolutions.com/funding-application/
DEALTALK MAY 2026: WHY BROKERS NEED A COMMUNITY
Join Commercial Loan Broker Association (CLBA) Executive Director, Cristina Darr, and CLBA Operations and Experience Manager, Jenna Seidel, for the May 2026 episode of the DealTalk podcast! Listen in as they chat about the importance of commercial lending brokers having a community. Glean valuable information for attending industry events across the country, how to join associations with like-minded individuals, as well as how to make the most of the commercial lending community as a new or seasoned broker.
As a commercial lending broker ourselves, we fully agree with brokers standing together as a community in this ever-changing industry.
Watch the full podcast on YouTube here.
Give the full podcast a listen on Spotify here.
Want to learn more about the Commercial Loan Broker Association as well as its annual conference and expo? Visit us today at CLBAssociation.com.