Multifamily news in Finance & Investment - Nashville-Knoxville
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PGIM Sells Nashville Self Storage Facility for $18M
The new owner, Extra Space Storage, already handles management functions at the roughly 76,000-rentable-square-foot property.
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GVA Pays $31M for Southeast Nashville Apartments
The new owner assumed the outstanding balance of a $20.1 million Fannie Mae loan scheduled to mature in early 2029.
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Albion Residential Begins $140M Nashville High-Rise
Hartford Investment Management Co. has provided an $87.2 million construction loan for the project.
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Champion Sells Suburban Nashville Community for $24M
The new owner received a 10-year, $14.3 million acquisition loan from Nationwide Life Insurance Co.
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Midtown Nashville Project Lands $45M Loan
Regions Bank provided the financing for the developer's first foray into the market.
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Nashville Community Receives $22M Freddie Mac Refi
The note replaces a $21.7 million acquisition loan provided by Greystone in 2019.
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Greystar Buys Suburban Nashville Apartments for $127M
Newmark provided the buyer with an $83.3 million Fannie Mae loan for the 598-unit purchase.
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Capstone Arranges Nashville-Area Portfolio Sale
Alex McDermott, Adam Klenk, Tyler Mayo and Jonathan Hawks spearheaded the sale of the renovated garden-style properties.
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Lennar Sells Nashville Luxury Community for $86M
The 321-unit Class A community delivered in 2017, backed by a $35.6 million construction loan.
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Nashville Multifamily Wrap-Up – October 2020
The Connor Group pays $40 million for Murfreesboro community. LDG Development gets $32 million in construction bonds. Check out our October list of Nashville must-reads.
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StoneRiver Sells Tennessee Property for $47M
An Atlanta-based multifamily firm picked up the 240-unit community, located in the Knoxville metro area.
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Revised Nashville Music Row Project Lands Financing
Originally slated for hotel development, the site will house 132 apartments with the help of a $30 million construction loan from Broadmark Realty Capital.
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East Nashville Project Receives $19M Loan
Reliant Bank originated the note for the development of the 163-unit community.
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Magma Equities Purchases Nashville-Area Community for $27M
The new owner plans to invest in a multimillion-dollar capital improvement program.
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Nashville Multifamily Wrap-Up – August 2020
Alpha Capital pays $64 million for new property. Portfolio trades for $41 million. Here’s our August list of Nashville must-reads.