Diserio Martin represented Forstone Capital and its affiliates in the acquisition, joint venture, private placement and $42.9M financing of a conversion project located at 3040 Sidco Drive on 7.2 acres in the I-65 corridor of Nashville, Tennessee. Formerly a 132,000 square foot industrial building, the project will convert the site into a 157,000 square foot, Class A, creative office space. The Diserio Martin team representing Forstone Capital and its affiliates was led by Charles J. Spiess and Kevin T. Katske.
JLL Capital Markets arranged the joint venture equity partnership between Forstone Capital and an institutional private equity fund for the development, along with the acquisition and renovation loan, through CIT Group. Co-brokerage services were provided by Jones Lang LaSalle Americas, Inc.
About Diserio Martin
Founded more than 30 years ago, Diserio Martin is a law firm with a local, regional and national base of clients. Headquartered in Stamford, Connecticut with offices in Greenwich, Boston, White Plains and New York City, Diserio Martin is a full service law firm with depth of experience and resources to provide a broad range of services including corporate and finance, litigation, intellectual property, employment, commercial and residential real estate, and trusts and estates. More information on Diserio Martin is available at www.DiserioMartin.com.
About Forstone Capital
Forstone Capital, LLC is a real estate investment firm located in Stamford, Connecticut that provides a full range of commercial real estate services to private equity investors and select individual clients.