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CushWake Brokers Sale of 353-Unit MF Community in Knoxville

Cushman & Wakefield has arranged the sale of The Ridge at Hamilton Crossing, a 353-unit apartment community in the Maryville submarket of Knoxville, TN. The sales price was not disclosed.

Constructed in 2015 and 2018, The Ridge at Hamilton Crossing is situated in a submarket that features upscale retail, highly ranked schools and jobs centers. Amenities include a car care center, cyber café, designer clubhouse with gourmet kitchen, EV charging stations, sundeck, fire pit area, fitness center, park bark, swimming pool, resident lounge and outdoor grilling stations.

Jimmy Adams and Craig Hey of Cushman & Wakefield represented the seller, who was affiliated with Tynes Development Corp., in the transaction. StoneRiver, an investment company that has invested more than $1 billion in assets across the Southeast, acquired the property. StoneRiver Property Management will be responsible for management.

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Inside The Story

CushWake’s Adams

About David Cohen

David Cohen is Southeast Editorial Director at Connect Commercial Real Estate. David is a media veteran with more than 10 years of experience in journalism, copywriting and communications across a variety of roles. He is responsible for covering commercial real estate news and trends in the Southeast, Florida, Washington D.C. and Boston at Connect CRE as well as specializing in the Student Housing sector. Prior to joining Connect, David was the editor of Northeast Real Estate Business magazine and Student Housing Business magazine at France Media as well as spending time freelancing for ESPN and the Associated Press in the fast-paced field of live sports event production. He is also an owner and investor in multifamily real estate in Atlanta, GA. David currently resides in Atlanta and graduated from the College of Communication & Information at the University of Tennessee Knoxville.

  • ◦Acquisition
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