Ascendant Wraps Up Luxury 369-Unit Nashville Community  

Citizens Financial Group Bank contributed $55 million in construction financing.

Ascendant Development has finalized work on Haven at Charlotte, a luxury 369-unit property in Nashville, Tenn. The firm took out a $55.4 million construction loan for the project, originated by Citizens Financial Group in 2021, according to Yardi Matrix data.  

Haven at Charlotte is located at 3025 Charlotte Ave. The property is 11 stories high. The first four floors serve as a multi-level parking podium, with 430 spots. The other seven floors house the rental units. The property includes studios, one- and two-bedroom floorplans, ranging between 516 and 1,472 square feet.

The apartments feature walk-in closets, quartz countertops, energy-efficient stainless-steel appliances, smart thermostats and full-size washers and dryers. Amenities at Haven at Charlotte include a fitness center with a yoga and a spin room, an outdoor kitchen area with TV and a grilling station, an outdoor pool and 24-hour concierge service.

The HCA Headquarters, the OneC1ty business center, as well as and Centennial Park and Tennessee State University, are within 1 mile of the property. Haven at Charlotte is also close to Interstate 40.

Ascendant Development has several additional upscale developments in the prospective and planning phases, according to Yardi Matrix, including one project in Franklin, Tenn., as well as others in metro Houston and Fort Worth, Texas. The developer completed a similar project in April, a 264-unit luxury community in Richmond, Texas, in the Houston area.

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