Finance & Investment - Nashville-Knoxville

Olympus Property Expands Nashville Offerings
This marks the company’s third acquisition in Tennessee.
Finance & Investment
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.
Market Rate
Centerline Arranges $10M Loan for 210-Unit Antioch Community
Centerline Capital Group, a provider of real estate financing services for market-rate and affordable multifamily housing has recently provided a $10.4 million Freddie Mac conventional loan to refinance Cedar Pointe Apartments, a 210-unit multifamily asset in the Greater Nashville Area.
Finance & Investment

  • Work is in Progress at New Lexus of Nashville Dealership

    By Eliza Theiss, Associate Editor Nashville is finally getting a long-awaited Lexus dealership. But the new 58,000-square-foot Lexus location will be far beyond a simple car dealership. The facility under construction at the 7.2-acre site at the corner of Rosa Parks Blvd. and Interstate 65 in Madison has been described as a retail and service [...]

    20 September 2012 19:12

  • Ground Broken at 71-Acre Green Mixed-Use Project Franklin Park

    By Eliza Theiss, Associate Editor Decades of sustained development continue in the Cool Springs market, a top destination for relocating Fortune 500 companies and other corporations with the groundbreaking of the unprecedented 71-acre mixed-use sustainable corporate community Franklin Park. Located on the corner of McEwen Drive and Interstate 65 in Franklin, TN, Franklin Park is [...]

    27 August 2012 02:52

  • 147-Room Indigo Hotel Sold in Foreclosure Auction

    By Eliza Theiss, Associate Editor Global investment management firm Archon Group LP recently acquired the 147-room Hotel Indigo at 1719 West End Ave. at a foreclosure auction, bidding $18 million, or $122,000 per room. According to The Tennessean, Irving, Texas-based Archon purchased the boutique hotel through a limited-liability corporation, bidding $18 million at a courthouse [...]

    25 July 2012 21:16

  • Ramada Inn Gets Makeover, Becomes Cedar Hotel

    By Eliza Theiss, Associate Editor The former Ramada Inn at 1471 Brooks Road is getting a multimillion dollar facelift from a group of Chicago investors. According to The Memphis Daily News, Cedar Street Hospitality purchased the 245-key hotel in a 2010 auction for $1.55 million. Re-branded as the Cedar Hotel under the Clarion umbrella, the [...]

    30 March 2012 14:05