Nashville – Knoxville

Pacific Equities Sells Nashville Apartments

The acquisition of the 160-unit community marks the buyer’s fifth purchase in the metro since 2015. Berkadia provided the new owner with more than $11 million in Fannie Mae financing.

Nashville Project Lands $32M Construction Loan

Buckingham Cos.’ luxury community, which opened its doors in 2017, is growing by 296 apartments. U.S. Bank provided financing for the second phase.

$80M Financing Awarded to Metro Nashville Property

KeyBank originated Freddie Mac financing for Lifestyle Communities to refinance a 580-unit asset in Murfreesboro, roughly 35 miles from Nashville.

Lion Real Estate Buys Nashville Community

The nearly $21 million acquisition of the 202-unit Class B multifamily asset marks the firm’s third deal in the metro in less than one year.

Nashville Four Seasons Project Scores $360M Financing

HFF arranged the funding on behalf of The Congress Group and AECOM Capital, developers of the 542-foot-tall tower that will feature luxury condominiums.

Aimco Sells Nashville Apartments for $24M

KeyBank provided the buyer with more than $18 million in Fannie Mae acquisition financing for the purchase of the 150-unit community.

Nashville Community Changes Hands for $57M

The buyer, a joint venture led by Hamilton Zanze, financed the acquisition of the 326-unit community with nearly $37 million in Fannie Mae financing.

Could Opportunity Zones Impact Residential Condo Developments?

One Nashville real estate investor and developer said the unintended consequence of Opportunity Zones in the rapidly growing city could mean a further constraint on the condo market, particularly in the downtown core.

Nashville Metro report Photo by Jonathan Ross iStockphoto.com

Nashville Multifamily Report – Winter 2019

Boosted by its creative class, Nashville has emerged over the past decade as among the most desirable places to do business in the U.S. The trend is fueling multifamily rental demand, and developers are bringing new product on line at a record pace.

Freeman Webb Sells Nashville Apartments for $24M

NexBank provided the buyer with nearly $19 million in acquisition financing for the 192-unit multifamily asset in the East Nashville/Inglewood submarket.