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Los Angeles firm buys multifamily development near Nashville, Tennessee

Stonehenge apartments sell for about $52 million
The Korda Group, a Los Angeles-based apartment management firm, bought the Stonehenge apartment complex at 2645 Tennessee 109 in Lebanon, Tennessee, for $51.35 million. (CoStar)
The Korda Group, a Los Angeles-based apartment management firm, bought the Stonehenge apartment complex at 2645 Tennessee 109 in Lebanon, Tennessee, for $51.35 million. (CoStar)
By Mark Iovanisci
CoStar Research
May 7, 2025 | 7:50 P.M.

Institutional Property Advisors, a division of Marcus & Millichap, has announced the sale of a 228-unit multifamily development outside of Nashville, Tennessee, for about $52 million.

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