Finance & Investment - Nashville-Knoxville
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Nashville Community Expansion Lands Financing
Schatten Properties, the owner of the 412-unit multifamily asset, will use the $14 million construction loan to add a second phase totaling 151 units.
15 March 2019 11:27 -
Freeman Webb JV Refinances TN Apartments
Newmark Knight Frank Multifamily Capital Markets originated $29 million in financing through Fannie Mae for a property in Nashville. The mortgage retires a prior loan of $21.7 million.
07 March 2019 11:29 -
Nashville Community Gets $39M Refi
PGIM Real Estate Finance originated the new 10-year Freddie Mac loan, which retires CMBS debt of nearly $34 million taken in 2015.
07 March 2019 10:16 -
Harbor Group Pays $51M for Nashville Community
Greystone originated more than $40 million in Freddie Mac acquisition financing for the buyer of the 407-unit Class B multifamily asset.
06 March 2019 13:51 -
Bridge Investment Group Buys Senior Housing Portfolio
Located in Alabama, Florida, Georgia and Tennessee, the eight communities encompass 887 units with a total occupancy rate of 92 percent.
05 March 2019 13:03 -
Top 10 Nashville Multifamily Acquisition Loans
Alongside a banner year for multifamily transactions across the metro, with close to 10,000 units changing hands, lenders have kept pace, originating more than $1 billion in acquisition financing.
01 March 2019 13:57 -
Newly Completed Nashville Community Lands $40M Refi
The Giddings Group opened the 251-unit luxury asset in the city’s North Nashville/Bordeaux submarket in 2018. The new financing package pays down a prior construction loan from SunTrust Bank.
18 February 2019 10:30 -
Lion Real Estate Expands Nashville Footprint
The acquisition, valued at more than $13 million, adds 160 units to the firm’s portfolio. The community last changed hands in 1990.
04 February 2019 14:31 -
Top Multifamily Transactions in TN in 2018
Investment in Tennessee stayed strong in 2018, as Nashville's appeal only grew following Amazon's commitment to add jobs to the metro going forward.
30 January 2019 14:49 -
MZ Capital Acquires TN Luxury Asset
The Northbrook, Ill.-based firm will upgrade and reposition the 130-unit apartment and townhome community in suburban Knoxville to meet the growing demand for luxury rentals.
23 January 2019 10:17 -
Nashville Luxury Project Gets $93M Refi
Lifestyle Communities started work on the 411-unit asset in 2016, and the company plans to open the property early this year.
15 January 2019 13:51 -
Cottonwood Residential Sells Nashville Apartments for $40M
The new owner rebranded the 327-unit Class B community as Allegro on Bell, with SunTrust Bank facilitating the acquisition through long-term financing.
14 January 2019 08:51 -
HM Management Sells Knoxville Community
Prime Property Investors purchased the 130-unit Class B community with the help of a $5.3 million loan from Wintrust Bank.
11 January 2019 14:01 -
Praedium Group Acquires Nashville Community
The investment firm purchased Novel Bellevue, part of the newly opened, 1 million-square-foot One Bellevue Place mixed-use development. The seller was Crescent Communities.
10 January 2019 09:00 -
Goldman Sachs Buys Nashville Community for $73M
The 321-unit luxury multifamily asset was sold by Lennar. The Canadian Imperial Bank of Commerce provided nearly $50 million in acquisition financing.
03 January 2019 12:38