Multifamily news in Finance & Investment - Nashville-Knoxville
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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.
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West Nashville Project Lands $13M Loan
Clearbrook Holdings Corp. will utilize the financing for the second, 108-unit phase of The Pearl.
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New Nashville Community Commands $64M
Alpha Capital Partners funded the 282-unit purchase with a $50 million loan from Benefit Street Partners Realty Trust.
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Affordable Suburban Nashville Community Gets $11M Refi
CBRE provided a 10-year, Freddie Mac note which retires a $4.5 million CMBS loan from 2017.
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Bond Cos. JV Pays $41M for Nashville Portfolio
The buyer assumed $30.4 million in recently refinanced debt for the two properties.
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West Nashville Asset Lands $32M Refi
The 10-year Freddie Mac loan retires HUD financing taken in 2013 to develop the 190-unit community.