JLL Closes $48M Sale, $35M Financing for Apartment Community in Metro Nashville

MT. JULIET, TENN. — JLL has brokered the $48 million sale of Aventura at Providence, a Class A apartment community located at 2500 Aventura Drive in Mt. Juliet, 10 miles east of downtown Nashville. Centennial Holding Co. purchased the 334-unit property from TriBridge Residential. JLL also arranged a seven-year, $35 million acquisition loan on behalf of Centennial Holding Co. Derrick Bloom, David Gutting and Vincent Lefler led JLL in representing TriBridge Residential in the sale. Faron Thompson and John Bray led JLL in securing the fixed-rate, Freddie Mac acquisition loan.