Multifamily news in Market Rate Housing - 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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The Beach Co. Tops Out Nashville Community
Skanska handled construction of the 299-unit Sixth South, slated to open in the fourth quarter of 2021.
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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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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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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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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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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.
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West Nashville Property Lands $21M Refi
The Fannie Mae loan retires some $22 million in existing debt at the 250-unit community in the city's Bellevue neighborhood.
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TriBridge Secures $42M Nashville Community Refi
The 255-unit community's new Fannie Mae note retires $30 million in development financing from Cadence Bank.
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Pearlmark JV Grabs $21M for Nashville Project
Renasant Bank provided the three-year note for the 158-unit multifamily development, slated to begin leasing in mid-2021.
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Greystar Pays $28M for Southwest Nashville Property
The 180-unit suburban community traded for more than double the price it sold for in 2006.
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North Nashville Project Lands $36M Loan
Bank of America and a local authority originated two notes which mature in 2022.