Multifamily news in Nashville-Knoxville
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Sentinel Real Estate Pays $51M for Nashville Apartments
As part of the deal, the new owner of the Class B multifamily asset assumed $28.5 million in debt.
26 August 2019 12:49 -
Central Nashville Apartments Get $43M Refi
Northwestern Mutual provided the five-year note to the developer of the 271-unit community, which opened its doors last year.
20 August 2019 14:42 -
Top 10 Multifamily Transactions in the South
Through July, a single market accounted for one third of the region’s investment sales volume, according to Yardi Matrix data.
20 August 2019 08:18 -
NexPoint Acquires 2 Communities for $384M
The multifamily REIT picked up residential properties in the Miami and Nashville metro areas.
14 August 2019 20:15 -
Luxury Nashville Community Sells for $69M
KeyBank provided buyer Bluerock Real Estate with a seven-year, $48 million Freddie Mac acquisition financing package for the 334-unit Class A community.
05 August 2019 12:18 -
Tennessee’s Tallest Rental Tower Tops Out
The 34-story mixed-use community is being developed by Brookfield Properties, with Swedish construction giant Skanska as general contractor, in the heart of downtown Nashville.
01 August 2019 12:27 -
Goldman Sachs Provides $106M Loan for Nashville High-Rise Project
Plans for the 29-story SoBro development call for 354 units above a podium with four levels of parking and 7,600 square feet of retail space.
19 July 2019 12:48 -
New Nashville Community Gets $48M Refi
The new loan encumbers a recently completed 230-unit Class A multifamily asset in the city’s Music Row neighborhood, replacing a nearly $40 million construction loan from U.S. Bank.
18 July 2019 10:13 -
5 Questions With Nashville Mayor David Briley
Briley, who is up for re-election next month, talks about major property-related issues—from affordable housing to Opportunity Zones—facing the booming southern city.
15 July 2019 17:46 -
Top 5 Multifamily Transactions in Nashville
Several major deals have closed so far this year, with the bulk of sales including older assets in one quadrant of the metro.
10 July 2019 05:00 -
American Landmark, RSE Capital Snag $247M Portfolio
The partnership acquired a total of 1,848 residential units across the Dallas-Fort Worth and Nashville metro areas in an off-market deal.
02 July 2019 12:05 -
CBRE Pays $102M for Nashville Community
The firm selected Greystar to oversee operations at the 367-unit Class A multifamily asset in The Gulch. The property opened its doors in 2018.
24 June 2019 07:38 -
Hawthorne Sells Nashville Apartments for $50M
The 323-unit community last changed hands in early 2015, when Global State Investments sold the property for slightly more than $30 million.
13 June 2019 15:42 -
Knoxville-Area Opportunity Zone Project Lands Financing
Walker & Dunlop originated the $21 million financing package through HUD, combining a two-year construction loan with a long-term mortgage.
10 June 2019 15:24 -
Greystar Takes $72M Construction Financing in Nashville
Northwestern Mutual provided the seven-year mortgage to fund development of the 300-unit high-rise in The Gulch, a hotbed of development activity in the city center.
07 June 2019 10:15