Nashville – Knoxville
MZ Capital Acquires TN Luxury Asset
The Northbrook, Ill.-based firm will upgrade and reposition the 130-unit apartment and townhome community in suburban Knoxville to meet the growing demand for luxury rentals.
Nashville Luxury Project Gets $93M Refi
Lifestyle Communities started work on the 411-unit asset in 2016, and the company plans to open the property early this year.
Cottonwood Residential Sells Nashville Apartments for $40M
The new owner rebranded the 327-unit Class B community as Allegro on Bell, with SunTrust Bank facilitating the acquisition through long-term financing.
HM Management Sells Knoxville Community
Prime Property Investors purchased the 130-unit Class B community with the help of a $5.3 million loan from Wintrust Bank.
Praedium Group Acquires Nashville Community
The investment firm purchased Novel Bellevue, part of the newly opened, 1 million-square-foot One Bellevue Place mixed-use development. The seller was Crescent Communities.
Goldman Sachs Buys Nashville Community for $73M
The 321-unit luxury multifamily asset was sold by Lennar. The Canadian Imperial Bank of Commerce provided nearly $50 million in acquisition financing.
Nashville Luxury Tower Gets $90M Loan
Square Mile Capital Management originated the loan for a partnership developing The SoBro, a 313-unit community located in the South of Broadway neighborhood.
Nashville Community Sells for $80M
Crescent Communities sold the newly built 275-unit multifamily asset to Dinerstein Cos., with the property’s 2.1 acres of land selling to iStar.
IPA Brokers Knoxville Senior Living Community Sale
The Marcus & Millichap division worked on behalf of the seller in its disposition of Northshore Heights, a 69-unit assisted living and memory care facility.
Nashville-Area Community Opens Doors
The 328-unit Mosby Cool Springs has opened in Franklin, Tenn. Developer Middleburg Real Estate Partners secured $40 million in financing last year.