Consultant cites Memphis financing model as example for Murfreesboro projects

Mar 26, 2025

Mike Humes described a Memphis case (Leftwich Tennis Center) where an upfront $7.5 million payment was used in a $31 million capital stack and said similar capital‑stack approaches could support Murfreesboro facility projects alongside sponsorship revenue.

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As part of his presentation, Mike Humes cited a Memphis case study the firm has worked on to illustrate financing options. He described a negotiated arrangement that produced an upfront payment to the public owner that was then folded into the capital stack for a larger build.

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