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Chicago-Based Origin Acquires Ninth Community in Nashville
Chicago-based Origin Investments has completed its second acquisition as part of its Origin Exchange DST investment program launched in June 2024.
Origin acquired Queens Wedgewood-Houston (Queens WeHo), a 221-unit multifamily property in the heart of downtown Nashville’s Wedgewood-Houston neighborhood. In total, Queens WeHo is a $44.5 million offering.
Walker & Dunlop directed the investment sale and debt placement efforts in the transaction. The team included Jamie Butler, senior managing director, and managing directors Cliff Ayers, Jason McFadden, and Michael Bowles.
Developed by Proffitt Dixon, the property was delivered in 2023 and features a mix of studio, one-, two- and three-bedroom units. At the closing, the stabilized community was approximately 94% occupied, and the property features 6,461 square feet of restaurant and retail space.
Register Today to “Be in the Room” when Michael Brennan receives Connect CRE’s Lifetime Achievement Award and will participate in the Keynote Interview with Kevin Brennan, also of Brennan Investment Group. Join us at Connect Industrial Midwest 2025 on the afternoon of Wednesday, March 5, at Joe’s Live in Rosemont, IL, for this exclusive presentation!
