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BWE Arranges Sale of 100-Unit Seniors Housing Community in Metro Nashville

John Nelson — Mon, 23 Feb 2026 15:21:46 +0000

GALLATIN, TENN. — BWE has arranged the sale of The Capstone at Station Camp, a 100-unit assisted living and memory care facility located at 108 Miss B Blvd. in Gallatin, about 30 miles northeast of Nashville. Charley Bissell, Ryan Stoll and Taylor Mokris of BWE represented the seller, Hunt Midwest, in the transaction. BWE also arranged acquisition financing through a regional bank on behalf of the buyer, an unnamed healthcare investment firm based in Texas. The sales price and loan amount were not disclosed. TerraBella Senior Living operates The Capstone at Station Camp.

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Cushman & Wakefield Arranges Sale of 1.6 MSF National Industrial Portfolio

Abby Cox — Fri, 20 Feb 2026 12:45:00 +0000

DALLAS — Cushman & Wakefield has arranged the sale of a national portfolio of seven industrial buildings totaling 1.6 million square feet. The buildings are located across Texas, California, Utah and Tennessee. An unnamed institutional owner purchased the portfolio. The seller and sales price were also not disclosed. Properties in the recently acquired industrial portfolio include Valwood A (201,354 square feet), Valwood C (134,266 square feet) and Valwood D (127,620 square feet) in Carrollton, Texas (part of the Dallas MSA); Chino Distribution Center (409,930 square feet) in Chino, Calif.; Salt Lake Distribution Center I (190,000 square feet) and Salt Lake Distribution Center II (190,000 square feet) in Salt Lake City; and Elam Farms Distribution Center II (363,500 square feet) in Murfreesboro, Tenn. The buildings were constructed in the mid-2000s and were collectively 97 percent leased at the time of sale to a mix of national and regional tenants. The properties feature ESFR fire sprinkler systems, average clear heights of 30 feet, expansive truck courts, concrete tilt-up construction and ample parking. The national industrial advisory group at Cushman & Wakefield that arranged the sale consisted of Jim Carpenter, Adam Pastor, Robby Rieke, Emily Brandt, Jeff Chiate and Casey Masters. “This transaction vividly…

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Trilogy Investment Acquires 109-Unit Build-to-Rent Development in Lakeland, Tennessee

John Nelson — Wed, 18 Feb 2026 13:25:12 +0000

LAKELAND, TENN. — Trilogy Investment Co. has closed on the purchase of Willows Townhomes, a 109-unit build-to-rent (BTR) residential community planned at 9942 Geneva St. in Lakeland. The Alpharetta, Ga.-based investment firm has rebranded the property as REV3 at Garner Lake. The land seller and sales price were not disclosed. Trilogy plans to break ground on REV3 at Garner Lake this month and deliver the first tranche of homes by the end of the year. All units will feature attached garages and come in three- and four-bedroom configurations ranging in size from 1,657 to 1,866 square feet. Builders Capital is serving as Trilogy’s joint venture partner and equity capital provider for the project. REV3 at Garner Lake is situated within Lake District, a 160-acre master-planned redevelopment of the former Belz Factory Outlet Mall in metro Memphis.

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Public-Private Partnership Underway on 278-Unit Mixed-Income Residential Development in Chattanooga

John Nelson — Tue, 17 Feb 2026 15:10:15 +0000

CHATTANOOGA, TENN. — A public-private partnership between The Atlantic Cos., the City of Chattanooga and American South Capital Partners has broken ground on 702 Manufacturers Road, a 278-unit mixed-income residential development along the Tennessee River in Chattanooga. The project is the first to utilize the City of Chattanooga’s affordable housing PILOT program, which ensures that 15 percent of the units (42 in total) will have income restrictions affordable to the city’s workforce housing residents. Ameris Bank and American South Capital Partners are providing construction financing for the development, which Patterson Real Estate Advisory Group arranged. Set for completion in late 2027, 702 Manufacturers Road will offer a mix of studio, one- and two-bedroom floorplans, as well as a sky lounge and terrace and direct access to the river. The project team includes Brock Hudgins Architects, Kimley-Horn and McShane Construction Co.

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Merus Acquires RiverGate Mall in Metro Nashville, Plans $450M Mixed-Use Redevelopment

John Nelson — Tue, 17 Feb 2026 12:55:00 +0000

GOODLETTSVILLE, TENN. — Merus, a design-build firm that was formerly known as Al. Neyer, has purchased RiverGate Mall, an enclosed shopping mall located at 1000 Rivergate Parkway in Goodlettsville that opened in 1971. The Cincinnati-based firm is planning to transform the 57-acre site on the northern outskirts of Nashville into a $450 million mixed-use district. Merus plans to demolish the mall this spring. In its place, the firm will develop 700 multifamily units, 100 townhomes, 80 independent seniors housing units, more than 130,000 square feet of retail and dining space and a center green and plaza for community programming. “Stepping into a site like this comes with a responsibility — not just to redevelop it, but to do it right,” says Patrick Poole, senior vice president and Nashville market leader for Merus. “Our focus is taking a property designed for a different era and reimagining it as a walkable, active district where people can live, work, gather and spend time.” Merus purchased the 514,000-square-foot mall, which is situated next to Dollar General’s global headquarters, for $33 million. Bryan Belk and John Tennant of Franklin Street represented the seller, Hendon Properties, in the transaction. Hartman Simons & Wood LLP executed legal work…

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Walker & Dunlop Arranges $371.5M in Development Financing for The Nashville Edition Hotel & Residences

John Nelson — Wed, 11 Feb 2026 15:51:05 +0000

NASHVILLE, TENN. — Walker & Dunlop Inc. has arranged $371.5 million in development financing for The Nashville Edition Hotel & Residences, a luxury mixed-use property that will be located in the heart of Nashville’s Gulch neighborhood. Positioned at 11th Avenue and Grundy Street, The Nashville Edition will comprise a 28-story tower with 261 hotel rooms and 84 for-sale residences. The project will include chef-led restaurant and bar concepts, multiple floors of amenity spaces and fully separate hotel and residential lobbies and gyms. Shared amenity offerings will include a spa, golf simulator, 8,300 square feet of combined ballroom and pre-function space, conference rooms and a rooftop pool and bar. Keith Kurland, Aaron Appel, Jonathan Schwartz, Adam Schwartz, Dustin Stolly, Ari Hirt and Michael Ianno of Walker & Dunlop’s capital markets team collaborated with Jay Morrow, Carter Gradwell and Jack Hughes of the firm’s hospitality team to arrange the financing through Madison Realty Capital and KSL Capital Partners. The borrower was Tidal Real Estate Partners, which is developing The Nashville Edition Hotel & Residences in collaboration with Left Lane Development and Marriott International. Tidal has obtained a total of $400 million in construction financing for the development.

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Simon to Invest $250M for Redevelopment of Three Malls in Nashville, Denver and Tampa

Kristin Harlow — Wed, 04 Feb 2026 13:00:00 +0000

INDIANAPOLIS — Indianapolis-based mall owner Simon Property Group (NYSE: SPG) has unveiled plans to invest more than $250 million for the redevelopment of The Mall at Green Hills in Nashville, Cherry Creek Shopping Center in Denver and International Plaza in Tampa. Simon acquired the three properties in November 2025 as part of its purchase of the remaining 12 percent interest in The Taubman Realty Group LP that it did not already own. The $250 million investment reflects Simon’s focus on mall redevelopments to create modern environments that cater to today’s shopper, according to Eli Simon, the company’s chief operating officer. He says the redevelopment projects will mimic the recently completed transformation of Southdale Center in Minneapolis. The Mall at Green Hills will undergo a complete transformation and exterior revitalization featuring two-story flagship entrances, jewel-box spaces for luxury boutiques, new landscaping and “elevated arrival moments.” The interior will receive upscale finishes and architectural enhancements. The 1 million-square-foot mall opened in 1955 under the moniker Green Hills Village. Cherry Creek Shopping Center will receive modernized flagship spaces, refined architectural updates and upgraded storefronts. The enclosed mall, which officially opened in 1990, dates back to the 1950s when it was an open-air mall.…

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Newmark Arranges $690M Refinancing for West Shore’s Multifamily Portfolio in Sun Belt

John Nelson — Tue, 03 Feb 2026 15:46:54 +0000

BOSTON — Newmark has arranged a $690 million CMBS loan for the refinancing of a 13-property, 4,077-unit multifamily portfolio in the Sun Belt. The borrower, Boston-based West Shore, is refinancing properties in five Florida cities — Daytona Beach, Gainesville, Melbourne, Ocala and Tallahassee — as well as Columbia and Lexington, S.C.; Knoxville, Tenn.; and Bryan, Texas. Purvesh Gosalia arranged the cash-out, single-asset single-borrower (SASB) refinancing through Citi. The transaction represents the largest multifamily closing in the United States year-to-date, according to Newmark.

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AJ Capital Obtains $475M Construction Loan for Mixed-Use Redevelopment in Nashville

John Nelson — Wed, 28 Jan 2026 15:57:30 +0000

NASHVILLE, TENN. — AJ Capital Partners has obtained a $475 million construction loan for Belle Meade Village, a 15.5-acre retail and residential village underway in Nashville. Located on the border of Belle Meade, Tenn., the project is a redevelopment of an under-utilized shopping center. Raymond James Real Estate Investment Banking arranged the financing through Barings on behalf of AJ Capital. Belle Meade Village will feature 1 Iris Lane, The Residences at Belle Meade Village, which are a pair of two 46-unit condominium buildings. The condos have a starting price of $3 million and come in one- to four-bedroom layouts. Residents have access to 16,000 square feet of amenity space, including high-end fitness and wellness features and private wine and cigar rooms, among other attractions. The project also includes a five-acre private park and a central courtyard space with an antique carousel surrounded by a seven-building retail village that will feature local and global brands, a private members’ club and a boutique hotel. AJ Capital broke ground on Belle Meade Village last October, with plans to wrap up construction by 2028. The design-build team includes Meyer Davis (interior design for 1 Iris Lane), Brasfield & Gorrie (general contractor), Barge Civil Associates…

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Marcus & Millichap Arranges Sale of 86,584 SF Store in Knoxville Leased to Kohl’s

John Nelson — Wed, 28 Jan 2026 15:54:15 +0000

KNOXVILLE, TENN. — Marcus & Millichap has arranged the sale of an 86,584-square-foot store located at 5312 Washington Pike in Knoxville. Kohl’s has fully occupied the freestanding building on a triple-net lease since it was constructed in 1997. A Sephora store-within-a-store was added to the Kohl’s in 2023. The property is situated on 32.7 acres about eight miles from downtown Knoxville and the University of Tennessee. Andrew Antoniou and Dominic Sulo of Marcus & Millichap’s Chicago/Oak Brook office represented the undisclosed seller in the transaction. Jody McKibben served as Marcus & Millichap’s Tennessee broker of record for the deal. The buyer, a locally based investor, purchased the store for an undisclosed price.

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Avison Young Arranges $6M Sale of Office Building in Suburban Nashville

Abby Cox — Mon, 26 Jan 2026 13:01:00 +0000

BRENTWOOD, TENN. — Avison Young has arranged the sale of 110 Westwood Place, a 24,000-square-foot office building located in Brentwood, a southern suburb of Nashville. Brents Herron of Charles Hawkins Co. represented the buyer and future tenant, Civil Constructors, in the transaction. Lisa Maki, Mike Jacobs and Jordan Powell of Avison Young represented the seller, Lawrence Bank. Civil Constructors will relocate its operations from Franklin, Tenn., to occupy the entire two-story building.

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Hilco Provides $47.5M Construction Loan for Mixed-Use Development in Chattanooga

John Nelson — Wed, 21 Jan 2026 15:04:26 +0000

CHATTANOOGA, TENN. — Hilco Global Real Estate Capital has provided a $47.5 million loan to Urban Story Ventures to support the recapitalization and continued development of The Bend, a 100-acre mixed-use development underway in Chattanooga. Plans for the project, which will feature more than 3,000 linear feet of frontage along a bend of the Tennessee River, include approximately 1,700 residential units; 1.1 million square feet of office space; 1.2 million square feet of dining, shops and service retailers; 600 hotel rooms; entertainment and cultural venues; and a 300-slip marina. The Bend will be supported by public infrastructure investment through a public-private partnership structure between Urban Story Ventures and The City of Chattanooga. Jimmy White, president of Urban Story Ventures, says that the development has nearly $1 billion in potential investments in the works. The construction timeline for the project was not released.

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Walker & Dunlop Arranges $39M Sale of Apartment Community in Knoxville, Tennessee

Abby Cox — Mon, 19 Jan 2026 13:27:03 +0000

KNOXVILLE, TENN. — Walker & Dunlop has arranged the $39 million sale of Retreat at West Hills, a 256-unit, garden-style apartment community located at 3399 Lake Brook Blvd. in Knoxville. The buyer, an undisclosed institutional investor, has rebranded the property as Vetra West Hills. Brad Boston, Brett Kingman, Robbie O’Bryan and Russ Oldham of Walker & Dunlop represented the seller, Abiete Real Estate, in the transaction. Kevin Walsh, Craig West and Griffin Delgado of Walker & Dunlop originated a $29 million Fannie Mae acquisition loan on behalf of the buyer. Vetra West Hills offers one-, two- and three-bedroom floorplans ranging in size from 576 to 1,190 square feet. Amenities at the complex include a fitness center, clubhouse, resort-style swimming pool with a sundeck, business center, grilling and picnic area, tennis courts and onsite laundry facilities.

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Dowd Cos. Brokers $5.6M Sale of Shopping Center in Clarksville, Tennessee

John Nelson — Thu, 15 Jan 2026 14:28:39 +0000

CLARKSVILLE, TENN. — The Dowd Cos. has brokered the $5.6 million sale of Clarksville Square, an 89,924-square-foot shopping center located at 1041 Riverside Drive in Clarksville, approximately 50 miles north of Nashville. John Dowd and Theresa Johnson of Dowd Cos. represented the undisclosed seller in the transaction. The buyer was a locally based investor. Built in 1967, Clarksville Square was fully leased at the time of sale to tenants including Dollar Tree, Big Lots and Farmers Home Furniture. The shopping center includes a retail outparcel leased to O’Reilly’s Auto Parts that was included in the sale.

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Constellation Breaks Ground on 352,620 SF Industrial Project in Goodlettsville, Tennessee

John Nelson — Wed, 07 Jan 2026 14:44:15 +0000

GOODLETTSVILLE, TENN. — Constellation Real Estate Partners has purchased 39 acres at 2186 and 2220 Ted Dorris Road in Goodlettsville, about 14 miles north of Nashville via I-65. The Dallas-based developer recently broke ground on a two-building, 352,620-square-foot speculative industrial project on the site dubbed Constellation Goodlettsville 65. Constellation plans to deliver the properties by the end of the year. Jim Rodrigues and Chanley Ritter of Lee & Associates are leading the leasing efforts for the property, which will feature 32- and 36-foot clear heights, 300 car parking spaces, a 1.7-acre fenced and paved trailer storage yard that can accommodate 71 trailers and immediate access to the I-65/Bethel Road interchange.

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Cushman & Wakefield Arranges $76M Refinancing for Apartment Community in Murfreesboro, Tennessee

John Nelson — Tue, 23 Dec 2025 15:39:09 +0000

MURFREESBORO, TENN. — Cushman & Wakefield has arranged a $76 million loan for the refinancing of Overall Creek Apartments, a 384-unit multifamily community located at 5150 Jack Byrnes Drive in Murfreesboro, about 33 miles southeast of Nashville. John Alascio, Chuck Kohaut and Chris Meloni of Cushman & Wakefield arranged the loan through PCCP on behalf of the borrower, Denholtz, a private investment management firm based in Red Bank, N.J. Built in 2020, Overall Creek was 94 percent occupied at the time of financing. The property offers one-, two- and three-bedroom residences averaging 1,057 square feet in size, as well as a courtyard with a pool and grill stations, fire pits, a dog park, hydro massage room, tanning bed, business center and a fitness center.

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Wood Partners to Break Ground on 328-Unit Alta Beacon Apartment Community in Nashville

Abby Cox — Fri, 19 Dec 2025 15:38:30 +0000

NASHVILLE, TENN. — Wood Partners is set to break ground on Alta Beacon, a 328-unit apartment complex located in Nashville. Construction will begin next month, with the first units scheduled for delivery in the second quarter of 2026. Situated on the edge of the city’s Wedgewood-Houston neighborhood, the wrap-style community will feature a mix of studio, one- and two-bedroom floorplans and will span five stories. Amenities at Alta Beacon will include a clubhouse, fitness center, resort-style swimming pool, indoor sky deck with a large exterior deck, dog yards, pet spa and gate-protected structured parking.

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Newmark Arranges $51M Refinancing for Virgin Hotels Nashville

John Nelson — Thu, 18 Dec 2025 16:14:09 +0000

NASHVILLE, TENN. — Newmark has arranged a $51 million loan for the refinancing of Virgin Hotels Nashville, a 14-story hotel located at 1 Music Square W in Nashville’s Music Row district. Jordan Roeschlaub, Nick Scribani, Tyler Dumon, Holden Witkoff and Tate Keir of Newmark arranged the loan through Apollo. The borrower, Virgin Group, opened the 262-room hotel in July 2020. Virgin Hotels Nashville features multiple food-and-beverage eateries, including a rooftop bar, speakeasy and a signature restaurant with indoor and outdoor dining space. Other features include a rooftop pool with private cabanas, a fitness center and more than 15,000 square feet of meeting and event space.

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CBRE Arranges $181.5M Refinancing for Finery Mixed-Use Development in Nashville

John Nelson — Wed, 17 Dec 2025 14:34:45 +0000

NASHVILLE, TENN. — CBRE has arranged three loans totaling $181.5 million for the refinancing of The Finery, a mixed-use development in Nashville’s Wedgewood-Houston neighborhood that comprises The Residences at The Finery and the adjacent T3 Wedgewood Houston office building. Mike Ryan, Brian Linnihan, Richard Henry, Blake Cohen, J.P. Cordeiro and Taylor Crowder of CBRE arranged the loans on behalf of the borrowers, Hines and Peakline Partners. Oxford Properties Group provided an $118 million loan for The Residences at The Finery, and Tishman Speyer provided a $17.5 million mezzanine loan behind Blue Owl’s $46 million loan for the T3 office building.

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Boyle Investment Acquires 156,000 SF Woodmont Centre Offices in Nashville

John Nelson — Wed, 17 Dec 2025 14:19:10 +0000

NASHVILLE, TENN. — Boyle Investment Co. has acquired Woodmont Centre, a two-building office park located at 102 and 104 Woodmont Blvd. in Nashville. The property is situated at near I-440 on the outskirts of the city’s Belle Meade neighborhood. The complex comprises a nine-story office building and a five-story office building connected by a shared lobby, along with a multi-level parking garage accommodating approximately 500 vehicles. The undisclosed seller began capital improvements to Woodmont Centre that Boyle Investment plans to complete. The sales price was not disclosed.

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