Multifamily news in Nashville-Knoxville

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.
Luxury
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.
Finance & Investment
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.
Student Housing

  • 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

  • Lighthouse Grabs $13M Nashville Community

    The 14-building property sits within five miles of downtown and offers a range of one-, two- and three-bedroom units. SVN | AVAT Realty Senior Advisor Andrew Agee brokered the deal.

    01 February 2018 12:40

  • Venterra Acquires Nashville Apartments for $34M

    The firm used a mortgage held by PNC Bank to finance the acquisition of the 171-unit community, which opened at the end of 2016.

    31 January 2018 15:22

  • CapStack Increases Nashville Footprint

    The firm teamed up with MACC Venture Partners to acquire three garden apartment communities totaling nearly 500 units across the city.

    18 January 2018 19:01

  • Cortland Partners Enters Nashville With $70M Acquisition

    The company purchased a newly built, 322-unit community on the southwestern side of the city, located off of Interstate 40.

    27 December 2017 16:02

  • JV to Develop 2nd Tallest Nashville Tower

    The Congress Group and AECOM Capital Real Estate have joined forces to transform 151 1st Ave. S., a mixed-use development in the SoBro area of the city.

    28 November 2017 16:06

  • LMC Opens 344-Unit Music City Community

    The Morris is a luxury mixed-use project that includes 6,373 square feet of street-level retail and restaurant space. The property was built on the site of a country music icon's former office.

    08 November 2017 14:52

  • IMT Capital Snags TN Community

    The company purchased the 386-unit ALARA Cool Springs, located in the Nashville submarket of Franklin, from American Realty Advisors. Cushman & Wakefield represented the seller in the transaction.

    11 October 2017 14:10

  • Michaelson Lands 2nd TN Community in Less Than a Month

    Michaelson Real Estate Group and Eklund Development acquired Viera Cedar Bluff, a 184-unit community in Knoxville. The deal is part of a portfolio that also included 520-unit community The Metropolitan.

    10 October 2017 21:37

  • Walker & Dunlop Expands Team in TN

    As managing director, Telly Fathaly will be initiating the company's presence in Nashville. He has more than 14 years of experience in the multifamily industry.

    04 October 2017 18:51

  • Knoxville: No Longer in Nashville’s Shadow?

    Both investors and developers are actively seeking opportunities in the market, which is expected to add new units at a rate that has not been met since 2011.

    04 October 2017 15:30