QR CAPITAL ACQUIRES NASHVILLE APARTMENT COMMUNITY FOR $14.9M

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NASHVILLE, TENN. — QR Capital has acquired Hillwood Pointe Apartments, a 180-unit multifamily community in Nashville, for approximately $14.9 million. Atlanta-based QR Capital plans to invest $1.9 million in renovations in the next 12 months to the apartment community, which was built in 1997. The Kirkland Co. brokered the sale, and Trevor Ritter of Colliers International and Charlie Mentzer of Capital One Multifamily Finance arranged acquisition financing on behalf of QR Capital and it’s co-sponsor, Militello Capital.

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