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The Marine Hospital Residence

360 Metal Museum Dr, Memphis, TN, USA

The renovation of three buildings on the historic Marine Hospital campus into a residential development with 71 apartments.

Development Loan

Development Loan Details

  • Borrower:
    Desoto Pointe Partners, LLC
  • Amount:
    $300,000
  • Approval Date:
    11/14/2018
  • Extension Approval Date:
    1/1/1970
  • Close Date:
    1/1/1970
  • Status From Date:
    lapsed

PILOT

PILOT Details

  • Lessee:
    Desoto Pointe Partners, LLC
  • Lessee Address:
    2285 Lansingwood Drive, Germantown, TN 38139
  • Term:
    20
  • Approval Date:
    11/13/2018
  • Close Date:
    6/21/2019
  • Extension Approval Date:
    1/1/1970
  • Extension:
    0
  • Extension Term Years:
    0
  • Term Date:
    1/1/1970
  • Status From Date:
    active
  • Expected Term Date:
    6/21/2039
  • Remaining Years:
    18.09589041

PILOT Documents