Embrey, Southstar Close on $71M Construction Loan for Nashville-Area Apartment Project

PCCP provided a $71 million senior construction loan to a joint venture between EMBREY Partners and Southstar Development for the development of Crossings Boulevard, a 360-unit apartment community located at 4101 Legacy Point Trail in Spring Hill, TN. Completion of the project is anticipated for Q1 2028. Spring Hill is about a half hour from Nashville.  

The property will be a Class A, three-story, garden-style community located within a 213-acre master-planned community, which will encompass more than 400,000 square feet of commercial space, 300 hotel rooms, and 17 acres of recreational space. 

Situated on 14 acres, the project has four floor plans and an average unit size of 933 square feet. On-site amenities will include a conference room and micro-offices, a fitness studio and yoga room, a pool with cabanas, a shaded outdoor kitchen with grills, dog park with water features, pet spa and grooming station, coffee bar, EV charging stations, and a secure package room with 24/7 access.