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A New Markets Tax Credit transaction helped to create the new Westin Beale Hotel.
Seedco Financial in Tennessee

In Tennessee, Seedco Financial maintains a presence, but not an office or a full complement of staff. Based on long-standing relationships, Seedco Financial identifies opportunities for financing deals on a one-off basis, often in conjunction with Seedco, our parent company.

Examples

  • Memphis Small Business Opportunity Loan Fund: Seedco invested $500,000 in Southeast Community Capital Corporation, a local lender that makes loans to Memphis small businesses.
  • NMTC Investment in Memphis Westin Beale Street Hotel: An investment of $15.5 million in tax credits to support the development of the Westin Beale Street Hotel, a critical anchor project for downtown that is creating 200 new jobs for Memphis residents.
  • 28th Legislative CDC 28th: An investment of $565,000 to support the construction of a mixed use project in a renewal community in Chattanooga. The project is stimulating local commercial activity as well as increasing the stock of new and affordable housing in the area.
For further information, please contact Kayla Rosenberg at (212) 994-2743 or by email.
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