GBT Lands Loan to Add Multifamily to Nolensville Pike Development
Brentwood, TN-based GBT Realty has closed on a construction loan for Southcrest Reserve, a three-story, 108-unit multifamily community in Nashville, TN’s Nolensville Pike submarket. Commerce Bank provided the construction loan.
The multifamily will sit adjacent to the firm’s retail complex, Southcrest Center, currently under construction. Hardcastle Construction Company is set to begin construction immediately with a targeted completion of fall 202; Barnett Design Studio designed the residential community.
“With Southcrest Center nearly complete, Southcrest Reserve residents will have immediate access to a full suite of amenities and retailers as well as immediate access to a major transit corridor to and from downtown,” said Craig Cole, managing director at GBT Realty
Southcrest Center is expected to open in the spring of 2022. Tenants of the 12,100-square-foot unanchored community center will include:
Lisa McDuffie arrives at ConnectCRE via REALTOR® world, where she served for nearly two decades as communications director for one of the nation’s largest REALTOR® organizations. She supported two membership-elected presidents who were commercial real estate practitioners, and managed the communications initiatives of the organization’s commercial special interest group.
When not following the latest commercial real estate news, Lisa is zeroed in on her charismatic off-the-track thoroughbred as she makes the transition from an utterly failed racehorse to a lovely show hunter.
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