Nashville – Knoxville
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.
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.
Knoxville Fights for Position
The city is in the midst of a rental housing revival, spurred by trend-defying economic development.
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.
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.
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.
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.
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.
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.
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.