Multifamily news in Nashville-Knoxville
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Walker & Dunlop Secures $20M Loan for Affordable TN Asset
Vice President Rob Rotach secured the financing for the 153-unit Dandridge Towers, an age-restricted asset in southern Nashville, through the HUD program.
31 August 2018 16:21 -
MACC JV Grabs TN Portfolio
Hyde Capital Group traded the two communities, totaling 456 units, for more than $32 million. The new owner plans to renovate both assets.
03 August 2018 06:31 -
Knoxville Fights for Position
The city is in the midst of a rental housing revival, spurred by trend-defying economic development.
16 July 2018 13:43 -
Lion Real Estate Roars Into Nashville
The company acquired the 1973-built Highland Cove, a 206-unit property that traded for $16.6 million in an off-market transaction.
10 July 2018 13:08 -
Construction Surge Stalls Rent Growth in Nashville
The metro’s multifamily market is expanding, bolstered by last year's historically high levels of completions, which are pushing down occupancy, while limiting rent gains.
02 July 2018 13:51 -
JV Grabs Nashville Apartments for $45M
Admiral Capital and Security Properties purchased the 240-unit property from Venterra Realty, which had acquired the asset in 2012 for $27.7 million.
13 June 2018 19:30 -
Luxury Multifamily Community Receives $40M Loan
KeyBank Real Estate Capital has originated a Fannie Mae for Peyton Stakes in Nashville, Tenn. The 249-unit property was built in 2017.
30 May 2018 18:17 -
The Williams Co. Secures $18M for Knoxville Asset
The new financing package will enable the company to update the 198-unit property and pay off $16.5 million in existing debt.
12 April 2018 15:15 -
Behind the Scenes of Nashville’s Multifamily Growth Spurt
William Kirkland, managing partner of The Kirkland Co., spoke with MHN about the metro’s unprecedented growth and where the market is headed.
05 April 2018 10:27 -
True North Sells 512-Bed TN Community
The property, which also landed new management, offers a mix of one- to four-bedroom student apartments near Middle Tennessee State University.
02 March 2018 11:26 -
Elmington Lands $24M Construction Loan
The two-year HUD loan will finance the development of Twelfth & Wedgewood, a 153-unit affordable housing project in Nashville.
01 March 2018 18:41 -
Going With the Flow in Knoxville
Recent population gains sustain a strong demand for apartments across the metro, boosting development, which is on track to exceed the cycle average this year.
21 February 2018 15:10 -
Nashville Asset Lands $31M HUD Loan
LSA Capital will begin extensive renovations to Haynes Garden Apartments, a 208-unit affordable housing property with 17 buildings.
21 February 2018 11:55 -
Covenant Capital Taps 4 New Execs
E.W. Weathersby Jr., Dan Barber, Dani Wills and Justin Spickard join the organization’s senior leadership team as the firm forms a new steering committee.
15 February 2018 13:10 -
Supply Moderates Rent Growth in Nashville
The lack of affordable units and record deliveries are dampening growth, although healthy fundamentals and the potential for economic improvement are drawing developers and investors alike.
06 February 2018 16:27