Multifamily news in Market Rate Housing - Nashville-Knoxville
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TruAmerica Pays $196M for Nashville, Phoenix Assets
The acquisitions add nearly 1,000 units to the firm's national multifamily portfolio.
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PCCP Forms $1B SFR JV
The partnership has already closed on five single-family investments totaling more than $240 million.
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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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Summit to Start Construction on 4 Communities
The developments include senior and market-rate housing and will be located in three key Southeastern markets.
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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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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.