NASHVILLE, TENN. — HHHunt has acquired Abberly Riverwalk in Nashville for $106 million. JLL Capital Markets represented HHHunt and arranged a $62 million floating-rate bridge loan for the new owner. Abberly Riverwalk, formerly known as Alta Riverwalk, is a 304-unit community that is still under construction with completion expected by July.
Abberly Riverwalk will offer studios and one- and two-bedroom floor plans as well as amenities such as an outdoor fire pit, fitness center, golf simulator, coworking spaces and an outdoor kitchen. The property sits along the Cumberland River near an entrance to The Greenway, which is a 200-mile interconnected walking and biking trail throughout the metro Nashville area. The JLL Capital Markets Investment Sales team that represented the buyer was led by Matthew Lawton, Brian Dawson and Nick Brown and the debt advisory team that arranged the financing was led by Travis Anderson and Warren Johnson. The property was developed by Wood Partners.