It’s a hot vote of confidence in one of Nashville’s most popular and dynamic emerging neighborhoods.
Origin Investments’ acquisition of the Queens Wedgewood-Houston apartments earned a 2026 CoStar Impact Award in the Sale/Acquisition of the Year for Nashville, as judged by real estate professionals familiar with the market.
The deal reflects continued investor confidence in Nashville’s long-term multifamily fundamentals, and highlights the appeal of well-located, amenity-rich Class A communities.
The Wedgewood-Houston, or WeHo, neighborhood in south Nashville is widely known as the city’s arts hub. It’s filled with creative businesses and galleries, and the breweries, restaurants and residential communities to support the dynamic vibe.
Queens Wedgewood-Houston was designed to support the lifestyle and community of the neighborhood’s residents. Built in 2023, the community features a resort-style saltwater pool with cabanas, rooftop lounge and skyline views, fitness and yoga studios, co‑working suites and pet‑focused amenities such as dog parks and a dog spa.
The 221 units are spread across five stories. A ground-floor restaurant, Mercado by Butchertown, has its own rooftop oyster bar, Ramone’s. Street-level retail space was fully leased at the time of the acquisition.
About the deal: In early 2025, Origin Investments completed the acquisition of Queens Wedgewood‑Houston, a 221‑unit Class A multifamily community located at 715 Hagan St. in Nashville’s Wedgewood‑Houston neighborhood. The transaction closed on Feb. 12, 2025, with a purchase price exceeding $79.4 million.
Developed by Proffitt Dixon and delivered in 2023, Queens WeHo entered the acquisition period with strong operating momentum, reaching approximately 94% stabilized occupancy at the time of sale and averaging more than 20 leases per month during the latter half of 2024. The property’s performance reflects sustained renter demand for high‑quality housing in a walkable, urban setting next to downtown Nashville.
The sale marked Origin Investments’ ninth multifamily community in Nashville, expanding its local portfolio to more than 2,300 units market-wide and reinforcing its long‑term strategy in high‑barrier urban submarkets.
What the judges said: Judges described the transaction as a great acquisition by the buyer, citing the quality of the asset.
They made it happen: The seller was Proffitt Dixon Partners, a Charlotte‑based developer recognized for delivering high‑quality multifamily communities across the Southeast. The buyer was Origin Investments, a Chicago‑based real estate investment firm that acquired the property through the Nashville Queens DST as part of its Origin Exchange DST platform. The transaction was brokered by Walker & Dunlop LLC, with Brett Kingman, Russell Oldham, Robbie O’Bryan and Brad Boston representing the deal from the firm’s Nashville office.
CoStar Market Manager Mark Iovanisci contributed.