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TA Realty Pays Record Apartment Price in Surging Sun Belt City as Secondary Markets Draw More Buyers

Investor Taps Into Nashville, Tennessee's Suburbs Where It Owns Office Buildings
TA Realty bought The Harper Apartments in Franklin, Tennessee, for a record price per unit. (CoStar)
TA Realty bought The Harper Apartments in Franklin, Tennessee, for a record price per unit. (CoStar)

A Boston real estate investor expanded its Nashville, Tennessee, portfolio with the priciest apartment deal ever made in that fast-growing Sun Belt area, a reflection of the appetite among investors for deals in secondary markets across the United States that analysts say could soon be curbed by higher interest rates.

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