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With Sales Booming, Small-Town Apartment Brokers Benefit
The 331-unit Elliston 23 in Nashville.Brett Kingman is too busy to talk about how busy he is. That's because he's an apartment real estate broker in a smaller city, where investors are flocking these days in search for more upside than major markets like...

Dallas-Based Firm Pays $26.5M for Cedar Pointe Near Nashville
The 210-unit Cedar Pointe apartment complex in Antioch, Tennessee. Dallas-based NexPoint Residential Trust purchased a 210-unit apartment complex in Antioch, Tennessee, from New York-based Wharton Equity Partners. Cedar Pointe sold for $26.5 million...

Speculative Construction Continues to Rise Downtown Nashville
Rendering of the 330,000-square-foot Gulch Union development in Nashville. Downtown has been the busiest submarket in Nashville for total deliveries this cycle, with a handful of towers being erected in the past couple of decades, mainly build-to-...

Multifamily Rent Growth in Nashville by Submarket
The Edison at Peytona apartment complex under construction in Gallatin, Tennessee. While rent growth in Nashville is still below the national average, it has improved in 2018. Strong net migration and a slowdown in deliveries have fueled rent gains...

Miller, Ford Join Colliers International Nashville Ownership Team
Char Ford, left, and Janet Miller became the first female owners of real estate firm Colliers International's Nashville franchise. Two women are breaking a glass ceiling at the Nashville affiliate of global real estate services and investment management...

Why Brookfield Embraces Airbnb: It Wants $1 of Every $4 in Rent Tenants Earn
The Olmsted apartments in Nashville, Tennessee, purchased by Newgard Development Group last month and rebranded as an Airbnb rental building. Some landlords across the U.S. and Canada may discourage tenants from subletting on Airbnb. But not Toronto...

Atlanta Firm Sells Mallory Corner Near Nashville for $14.4M
The 70,000-square-foot Mallory Corner shopping center in Brentwood, Tennessee. Ackerman & Co., a privately held, full-service investment firm, sold a 70,000-square-foot shopping center in Brentwood, Tennessee, to Boston-based Longpoint Realty. Mallory...

JV Secures $19.5M in Financing for Acquisition, Rehabilitation of Nashville Multifamily Complex
The 154-unit Dandridge Towers senior-living apartment complex in Nashville. A joint venture between LHP Capital and Pinnacle Financial Partners secured $19.49 million in financing for the acquisition and rehabilitation of the 154-unit Dandridge Towers...

JV Picks Up 322-Room Hotel Portfolio Near Nashville, Phoenix
The 83-room Hampton Inn & Suites in Smyrna, Tennessee. A joint venture between Ocean City, Maryland-based Real Hospitality Group and Aspect Investment Partners purchased three hotels comprising 322 rooms from Summit Hotel Properties, a full-service...

Local Developer Pays $8.9M for 1.3 Acres in Nashville
Aerial of the 1.28 acres in Nashville. Reynolds Holdings and Development, a local full-service investment firm, purchased 1.28 acres in Nashville from Dalton, Georgia-based Myers Flooring and Carpet for $8.9 million, or about $7 million per acre. The...

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