Multifamily news in Operations - Nashville-Knoxville

  • $598M Music City Center Earns LEED Gold

    Music City Center, Nashville’s brand-new $598 million convention center has been awarded LEED Gold Certification for New Construction by the U.S. Green Building Council.

  • Vista Germantown Sold for Record $53M

    Nashville’s apartment market is reaching for the stars, with two record-breaking sales inked just a few days apart.

  • Cushman & Wakefield |Cornerstone and Pat Emery Win Bid for Convention Center Redevelopment

    Things are starting to take shape for Nashville’s former convention center: Mayor Karl Dean has selected a project spearheaded by Cushman & Wakefield |Cornerstone and iconic local developer Pat Emery to redevelop the location replaced by the 1.2 million-square-foot Music City Center which opened earlier this year.

  • Carey Watermark Makes $77M Statement in Nashville Hotel Biz

    Carey Watermark Investors has announced the acquisition of the Hutton Hotel, one of Nashville’s top hospitality assets.

  • Luxury Multifamily and Boutique Retail Mixed-Use Development Kicks Off Pre-Leasing

    H.G. Hill Realty Company has announced the start of preleasing residential units at 12South Flats, the mixed-use project rushing towards completion in Nashville’s 12 South restaurant and retail district.

  • Ashford Secures 30-Year Lease for Existing Convention Center

    Self-administrated real estate investment trust Ashford Hospitality Trust, Inc. has announced entering, along with its joint venture partner, a series of agreements with the City of Nashville and Davidson County regarding its ownership of the Renaissance Nashville Hotel and the existing Nashville Convention Center.

  • Compass Completes LEED Gold Datacenter in Record Time

    Standalone datacenter developer Compass Datacenters has announced completing its first facility in suburban Nashville.

  • Local Firm to Receive Award for Restoration of Senior Housing Community

    Memphis, TN-based Alco Management, Inc. a leading operator of affordable housing, will soon be honored by The National Affordable Housing Management Association (NAHMA) for the turnaround of Riverwood Tower Apartments, a senior-living community located in suburban Nashville

  • The Southeast’s Largest Mixed-Use Property Sells Commercial Space

    Terazzo, the spectacular mixed-use mid-rise at 700 12th Ave South in Nashville’s upscale Gulch neighborhood has sold its commercial component.

  • 255-Key Hyatt Place Breaks Ground

    By Eliza Theiss, Associate Editor Thanks to Music City Center, Nashville’s ambitious 19-acre downtown convention center scheduled to open next year, investors have flocked to Nashville’s downtown area to develop hotel property after hotel property. Case in point: Hyatt Place Nashville/Downtown, the 255-key hotel that recently broke ground in downtown Nashville. Hyatt Place is the [...]

  • 147-Room Indigo Hotel Sold in Foreclosure Auction

    By Eliza Theiss, Associate Editor Global investment management firm Archon Group LP recently acquired the 147-room Hotel Indigo at 1719 West End Ave. at a foreclosure auction, bidding $18 million, or $122,000 per room. According to The Tennessean, Irving, Texas-based Archon purchased the boutique hotel through a limited-liability corporation, bidding $18 million at a courthouse [...]

  • Ramada Inn Gets Makeover, Becomes Cedar Hotel

    By Eliza Theiss, Associate Editor The former Ramada Inn at 1471 Brooks Road is getting a multimillion dollar facelift from a group of Chicago investors. According to The Memphis Daily News, Cedar Street Hospitality purchased the 245-key hotel in a 2010 auction for $1.55 million. Re-branded as the Cedar Hotel under the Clarion umbrella, the [...]