Tennessee

Laster-Farms-Farragut
DevelopmentNewsSoutheastTennessee

Trinitas, Millstone to Develop $80 Million Community in Suburban Knoxville

by Lynn Peisner

FARRAGUT, TENN. — Trinitas Ventures and Millstone will develop Laster Farms at Turkey Creek in Farragut, 18 miles west of Knoxville, Tennessee. The $80 million development will include 240 units in one-, two- and three-bedroom layouts with monthly asking rents ranging from $1,800 to $2,800. Both joint venture partners are based out of Indiana. Millstone, a development and construction firm, identified and entitled the site and will serve as the general contractor. The developers closed on financing for the project in November. A completion date was not disclosed. Amenities will …

Continue Reading
0 FacebookTwitterLinkedinEmail
702-Manufacturers-Rd-Chattanooga
Affordable HousingDevelopmentFinanceNewsSoutheastTennessee

American South Capital Partners Commits $24 Million in Equity to Chattanooga Workforce Development

by Lynn Peisner

CHATTANOOGA, TENN. — American South Capital Partners (ASCP) has contributed $24 million in equity to Atlantic Cos.’ workforce housing development project, known as 702 Manufacturers Road, in the Northshore area of downtown Chattanooga. The 278-unit community located on the Tennessee River will include 42 units set aside for renters earning up to 60 or 80 percent of area median income. Completion is slated for the fourth quarter of 2027. Residents will have direct access to a newly built multi-use path and a river launch pad for paddleboards and kayaks. ASCP’s …

Continue Reading
0 FacebookTwitterLinkedinEmail
The-Opaline-Nashville
Affordable HousingDevelopmentNewsSoutheastTennessee

Holladay Begins Development of The Opaline, the First Phase of a Nashville Mixed-Use Project

by Lynn Peisner

NASHVILLE, TENN. — Locally based affordable and workforce housing developer Holladay Ventures has secured funding and is expected to break ground in late November on The Opaline, a 251-unit property for renters earning up to 60 percent of area median income. Completion is slated for 2028. The Opaline is the first of three phases of Holladay’s Artist Hill project, a 39-acre master planned community that is projected to include rental and for-sale residential, retail, creative workspaces, green spaces, walking trails and other community amenities. The Opaline’s development site is currently …

Continue Reading
0 FacebookTwitterLinkedinEmail
Memoir-May-Hosiery-Nashville
DevelopmentNewsSoutheastTennessee

AJ Capital Partners Underway on Memoir May Hosiery in Nashville

by Lynn Peisner

NASHVILLE, TENN. — AJ Capital Partners has broken ground on Memoir May Hosiery in Nashville’s Wedgewood Houston neighborhood. The 109-unit property is across the street from May Hosiery Mills, an adaptive reuse project also developed by AJ Capital Partners. Opened in 2015, May Hosiery Mills, once a sock factory in the early 1900s, is set on 18 acres and includes six redeveloped brick buildings on a mixed-use campus with office, dining and retail. Memoir May Hosiery is slated for completion in March 2026. It will be Nashville-based AJ Capital’s fourth …

Continue Reading
0 FacebookTwitterLinkedinEmail
CaliforniaColoradoFinanceGeorgiaNewsSoutheastTennesseeWestern

Walker & Dunlop Arranges IMT’s $625 Million Portfolio Refinancing

by Lynn Peisner

SHERMAN OAKS, CALIF. — Walker & Dunlop has arranged $625 million in fixed-rate Freddie Mac loans on behalf of Sherman Oaks-based IMT Capital. The company is refinancing eight garden-style properties in six metros — San Diego, Los Angeles, Denver, Atlanta, San Francisco and Nashville, Tennessee. The portfolio is comprised of 3,096 units. Walker & Dunlop’s team was led by Cory Wizenberg, Matt Wallach, Stephen West, Walker Layne, AJ Wright and Sebastian Tamayo.

Continue Reading
0 FacebookTwitterLinkedinEmail
Mill-at-White-House-Tennessee
FinanceNewsSoutheastTennessee

RFM Refinances The Mill at White House North of Nashville

by Lynn Peisner

WHITE HOUSE, TENN. — Walker & Dunlop has arranged a $42 million loan from an undisclosed institutional lender on behalf of RFM Development Co. The sponsor is refinancing The Mill at White House, a 216-unit property in White House, 27 miles north of Nashville that was recently completed and is finalizing lease-up. Walker & Dunlop’s capital markets team was led by Jeremy Pino, Livingston Hessam, Keith Melton, David Strange, Carl Passmore and Kyle Miller, the same team that previously arranged the asset’s construction financing in 2022.

Continue Reading
0 FacebookTwitterLinkedinEmail
Aureum-Franklin
DevelopmentNewsSoutheastTennessee

EMBREY Breaks Ground in Franklin, Tennessee

by Lynn Peisner

FRANKLIN, TENN. — EMBREY has closed on financing, provided by Texas Capital, and begun construction of Thatcher at Aureum, located in the 22-acre Aureum mixed-use development in the Nashville suburb of Franklin. This marks San Antonio-based EMBREY’s fourth multifamily project in Franklin. Completion is slated for the third quarter of 2027. The 296 studio-to-three-bedroom floor plan options will be offered along with amenities such as a clubhouse with workspaces, a resort-style pool and a hot tub, a rooftop terrace, fitness and yoga studios, a 24-hour package room with refrigeration, bike …

Continue Reading
0 FacebookTwitterLinkedinEmail
Statler-McCain's-Station
Investment SalesNewsSoutheastTennessee

Embrey Sells Statler MCain’s Station Near Nashville

by Lynn Peisner

GALLATIN, TENN. — Embrey has sold Statler McCain’s Station, a 297-unit community the San Antonio-based developer built in Gallatin, 30 miles northeast of Nashville. Embrey acquired land for the community in 2021 and completed the project in 2024. Russ Oldham of Walker & Dunlop represented Embrey in the deal. The buyer and sales price was not disclosed. The community is part of McCain’s Station, a 131-acre, long-range mixed-use development that includes approximately 684 residential units in the form of single-family homes, apartments, townhomes and condos. Statler McCain’s Station features a …

Continue Reading
0 FacebookTwitterLinkedinEmail
Granby-Oaks-&-The-Vale
FinanceNewsSouth CarolinaSoutheastTennessee

JLL Arranges ReFi Loans for Owner of Properties in South Carolina and Tennessee

by Lynn Peisner

WEST COLUMBIA, S.C., AND NASHVILLE, TENN. — JLL has arranged approximately $33.9 million in Freddie Mac refinancing loans for two properties owned by PAM Associates. JLL Capital Market’s Debt Advisory Team arranged a $19.8 million loan for Granby Oaks in West Columbia and a $14 million loan for The Vale in Nashville. Granby Oaks is a 148-unit, garden-style community that was built in 1973. It features one-, two- and three-bedroom units. Since acquiring the asset in 2022, PAM Associates has invested approximately  $2.1 million in capital improvements, upgrading all of …

Continue Reading
0 FacebookTwitterLinkedinEmail
805-Lea
FinanceNewsSoutheastTennessee

Walker & Dunlop Arranges $105 Million Refinancing for Nashville Mixed-Use High-Rise

by Lynn Peisner

NASHVILLE, TENN. — Walker & Dunlop has arranged a $105 million loan provided by Nuveen to refinance 805 Lea in downtown Nashville. Key Real Estate Co. is the owner/borrower. The 356-unit high-rise, mixed-use property was developed in 2021 and includes 10,203 square feet of ground-floor retail across three store spaces. Amenities include a 24-hour concierge service, a 29th-floor sky lounge, a saltwater pool, a fitness center and two outdoor fire pits.

Continue Reading
0 FacebookTwitterLinkedinEmail
Newer Posts
Older Posts
©2025 France Publications, dba France Media Inc.