Tennessee
BREIT Completes $5.8B Deal for Preferred Apartment Communities
Blackstone Real Estate Income Trust (BREIT) completed its all-cash acquisition of Preferred Apartment Communities (PAC) on the scheduled closing date… Read more
JV Drops $94M for Multifamily in Nashville’s Metrocenter Submarket
Newmark has completed the $93.6-million sale and $69-million financing of Apex Glassworks, a 282-unit multifamily community located in Metrocenter, an… Read more
PassiveInvesting.com Buys Nashville Multifamily with… Surprise… Residents’ Recording Studio
JLL has closed sale of Accent Edgewood, a 236-unit, Class A, mid-rise, lease-to-core multi-housing asset in the Wedgewood-Houston neighborhood of… Read more
Mayfair and Navarino Spend $18M on Pair of Huntsville Multifamily Communities
Nashville, TN-based The Kirkland Company has completed the sale of The Windsor and Cambridge Court apartment communities in Huntsville, AL.… Read more
ACRE Provides $59M Loan for Upscale Multifamily Development in Nashville
ACRE has finalized a $58.5 million bridge loan with Passive Investing to support the Braxton Music City, a 236-unit luxury… Read more
American Landmark Grabs a Third Multifamily in Murfreesboro
American Landmark Apartments has acquired The Harrison Apartments, a 278-unit community located in Murfreesboro, TN. The property has been renamed… Read more
Orlando’s 25-Story Citi Tower Sells for $106M to Snell Properties
Arlington, VA-based Snell Properties has closed on the purchase of Citi Tower, a 25-story, 233-unit apartment community with 11,000 square… Read more
Snell Properties Visits Orlando for $106M Acquisition of Citi Tower
Arlington, VA-based Snell Properties has closed on the purchase of Citi Tower, a 25-story, 233-unit apartment community with 11,000 square… Read more
Life Sciences Growth Extends Beyond the Coastal Research Hubs
A new analysis from CBRE identifies the 25 top U.S. life sciences labor markets, ranging from established hotbeds like Boston to emerging hubs like… Read more
Griffin Partners Starts 203K-SF Spec Industrial Development in Spring Hill
Griffin Partners is underway with Saturn Crossing, a two-building, 202,858-square-foot industrial complex in the Nashville submarket of Spring Hill, TN.… Read more
Redfin: Median Asking Apartment Rent Tops $2,000 For First Time Ever
The median monthly asking rent in the U.S. surpassed $2,000 for the first time in May, rising 15% year over… Read more
Drapac Capital Sells Walgreens-Anchored Site in Memphis for $3M
Drapac Capital Partners has completed the $2.7 million sale of 2 N. Main Street in Memphis, TN to Studio Capital.… Read more
Energy of Pie Town to Guide Development of 25-Story Multifamily in Nashville
Colliers has completed the $11.3-million sale of a 1.2-acre site in Nashville, TN. The seller, Plaza Middleton Investments, LLC, was… Read more
Quinn Residences Quadruples $250M Equity Goal, Triples BFR Portfolio
Atlanta-based Quinn Residences has acquired its first build-for-rent community in TN, The Guild in Chattanooga, along with four additional properties… Read more
Sunroad Enterprises Acquires $162M Multifamily in Nashville’s West End
CBRE has arranged the $162-million sale of Elliston 23, a 331-unit multifamily property in Nashville, TN. Sunroad Enterprises acquired the… Read more
Capital Square Acquires Multifamily in Knoxville for $53M DST Offering
Glen Allen, VA-based Capital Square has acquired Village at Westland Cove, a Class A, 240-unit multifamily community in Knoxville, TN.… Read more
Capital Square Acquires Multifamily in Knoxville for $53M DST Offering
Glen Allen, VA-based Capital Square has acquired Village at Westland Cove, a Class A, 240-unit multifamily community in Knoxville, TN.… Read more
Ashcroft Forges Multifamily Partnership with Goldman, Blackstone Funds
New York City-based multifamily investment firm Ashcroft Capital has closed on a strategic partnership with institutional investors including investment funds… Read more
Ryman Spends $260M to Acquire Block 21 Hospitality, Entertainment Venue
Nashville, TN-based Ryman Hospitality Properties, Inc., and its affiliates have completed the $260-million purchase of Block 21 in Austin, TX.… Read more