News - Nashville-Knoxville

  • 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
  • Population Growth Sustains Demand in Nashville

    The city is slowly diversifying its economy, venturing from reliance on the entertainment industry. In response to the growing demand, developers are ramping up construction, with more than 13,000 units underway as of July.

    03 October 2017 13:46
  • Michaelson Acquires 520-Unit TN Community

    Purchased for $48 million, The Metropolitan features one- and two-bedroom floorplans. The community has undergone a multi-million dollar renovation over the past few years.

    22 September 2017 14:52
  • Cush & Wake Secures $40M Loan for Nashville-Area Community

    Middleburg Real Estate Partners plans to build a 328-unit apartment property in Franklin, Tenn. Mike Ryan, Telly Fathaly and Brian Linnihan of Cushman & Wakefield’s Atlanta team originated the senior debt as well as the joint venture equity.

    03 August 2017 18:15
  • Renovated Downtown Nashville Community Trades for $27M

    A Covenant Capital Group fund sold the 170-unit 500 Fifth Ave. The deal follows a $4 million renovation process the firm completed at the 56-year-old building.

    03 August 2017 14:29
  • Top 10 Markets for Supply Growth

    Decelerating rent growth and stagnant or falling occupancy rates suggest that developers can no longer expect the same returns experienced in recent years. As a result, development will likely slow down. According to Yardi Matrix data, these 10 markets are expected to see the greatest increases to supply this year.

    14 July 2017 15:35
  • BRT Nabs 509-Unit DFW Community

    BRT Apartments Corp. purchased Mercer Crossing from Provident Realty Advisors for roughly $86 million. For the acquisition, the buyer obtained a $55.2 million loan from Barings Multifamily Capital.

    14 July 2017 12:03
  • Strawberry Fields Refinances TN Skilled Nursing Facilities

    The $27.2 million HUD guaranteed loans from Capital One Multifamily Finance have a 35-year term at a 3.43 percent fixed interest rate. The REIT acquired the three properties last year.

    07 July 2017 13:21
  • OakPoint Lands Nashville-Area Luxury Community

    Homestead Rental Properties sold The Luxe at Indian Lake Village, a 94-unit property in Hendersonville, Tenn. This marks OakPoint’s fourth recent midstate acquisition.

    05 July 2017 00:03
  • Continental Realty Acquires $47M TN Community

    The purchase was made on behalf of Continental Realty Fund IV LP. This represents the fifth residential community and ninth asset purchased by the fund, as well as the first in Tennessee.

    01 June 2017 15:37
  • Security Properties JV Buys Downtown Nashville Apartments

    A joint venture between Security Properties and Loma Linda University paid $53.7 million to acquire the Opus 29 and Note 16 multifamily properties in downtown Nashville.

    27 April 2016 10:02
  • Olympus Property Expands Nashville Offerings

    This marks the company’s third acquisition in Tennessee.

    22 December 2015 15:26
  • UTC Breaks Ground on $70M Student Housing Development

    The University of Tennessee at Chattanooga broke ground on a $70 million student housing facility projected to open in fall 2018.

    23 November 2015 12:13