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$75M Crescendo Set for 2015 Groundbreaking; Northstar Income II Invests in $98M SoBro Project

$75M Crescendo Set for 2015 Groundbreaking; Northstar Income II Invests in $98M SoBro Project

Division Street Land Partners LLC, the entity behind the highly-anticipated Crescendo mixed-use project in the Gulch has revealed a spring 2015 groundbreaking for the 23-story development…

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Kimpton Hotels to Operate Hotel Component in $100M Mixed Use Midtown Project

Kimpton Hotels to Operate Hotel Component in $100M Mixed Use Midtown Project

Buckingham Companies, the developer of Buckingham Midtown, a 17-story, 600,000-square-foot mixed-use project in Midtown Nashville, has announced Kimpton Hotels & Restaurants as the operator of the project’s 180-key hotel component.…

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BH Management Drops $20M on Fourth Nashville Apartment Community; Triple Net Properties List 393KSF One Nashville Place

BH Management Drops $20M on Fourth Nashville Apartment Community; Triple Net Properties List 393KSF One Nashville Place

Des Moines, Iowa-based BH Management Services LLC has acquired yet another Nashville apartment community from real estate investment group Grover Corlew, paying $19.7 million.…

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Preferred Apartment Communities Picks Up 364-Unit Nashville Apartment Asset and Two Shopping Centers

Preferred Apartment Communities Picks Up 364-Unit Nashville Apartment Asset and Two Shopping Centers

Preferred Apartment Communities’ (PAC) operating partnership Preferred Apartment Communities Operating Partnership, L.P. (PAC-OP) has signed purchase and sale agreements of $181.7 million with four entities for the purchase of four apartment communities totaling 1,397 units.…

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BH Management Buys 764 Nashville Apartments for $52M

BH Management Buys 764 Nashville Apartments for $52M

BH Management Services, LLC (BH) has announced entering the Tennessee market with the takeover of three metro Nashville apartment communities featuring between 200 and 300 units and amenities such as swimming pools, fitness centers and sports courts.…

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Walton Street Capital Pays $70M for DoubleTree by Hilton

Walton Street Capital Pays $70M for DoubleTree by Hilton

By Eliza Theiss, Associate Editor Downtown Nashville keeps on getting hotter. Most recently, the 337-key DoubleTree by Hilton Nashville Downtown traded hands for approximately $206,000 per key, which is just short of a $70 million total purchase price, reported The Tennessean. The downtown hotel’s new owner is Chicago-based investment firm…

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Amstar Sells $44M Retail Asset to TIAA-CREF, Lists 45-Acre Commercially Entitled Tract Cool Springs

Amstar Sells $44M Retail Asset to TIAA-CREF, Lists 45-Acre Commercially Entitled Tract Cool Springs

HFF has announced the closing on the sale of the 95,000-square-foot Southside at McEwen, a high-end trophy grocery store located in the Nashville MSA. The commercial real estate and capital markets services provider marketed the Whole Foods-anchored property on behalf of the seller, Amstar. The sales team was led by…

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Model Homes Available at Crescent Communities’ Lockwood Glen

Model Homes Available at Crescent Communities’ Lockwood Glen

Model homes have recently opened in Crescent Communities’ 220-acre master-planned community Lockwood Glen, announced the Charlotte-based developer. Located in Nashville’s historic Franklin suburb, one of the hottest submarket in metro Nashville, the 220-acre master-planned community of Lockwood Glenn is located close to Franklin’s business district and a short drive from…

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252-Unit Crescent Cool Springs Kicks Off Preleasing

252-Unit Crescent Cool Springs Kicks Off Preleasing

Crescent Cool Springs, the 252-unit luxury apartment community in Nashville’s historic Franklin suburb has started preleasing, announced developer Crescent Communities.…

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1,156-Car Parking Facility Will Rise Next to LEED Platinum Project

1,156-Car Parking Facility Will Rise Next to LEED Platinum Project

Downtown Nashville is on its way to get a swanky new parking lot that would boost downtown parking spaces by six percent – a welcome addition, as the Nashville Downtown Partnership estimates that 20,000 parking spaces are available in downtown core, whereas 35,000 people work in the area with the…

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Hermitage Community Sold for $13.8M; 254-unit Estates of Brentwood Up for Sale

Hermitage Community Sold for $13.8M; 254-unit Estates of Brentwood Up for Sale

261-unit Green Leaf at Hermitage has been sold by Green Leaf Hermitage LLC, an affiliate of Danville, California-based equity firm Green Leaf Partners…

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Fifth Third Center Finds $90M Buyer, While Palmer Plaza Starts Looking For One

Fifth Third Center Finds $90M Buyer, While Palmer Plaza Starts Looking For One

Palmer Plaza, the 284,000-square-foor office high-rise at the corner of 18th and West End Avenue is set to go on the market due to the impending maturing of an outstanding loan on the property, reports…

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