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KNOXVILLE, TENN. — Southern Management and Development LP (SMD) has brokered the $26 million sale of the 520-unit Sunchase Apartments located at 790 N. Cedar Bluff Road in Knoxville’s Cedar Bluff neighborhood. Steven Levin led the SMD team that represented the seller, a limited partnership based in Tennessee, in the sale to a private fund. The apartment community was 94 percent occupied at the time of sale. Sunchase’s amenity package includes a clubhouse with indoor and outdoor swimming pools, a fitness center and tennis, basketball and volleyball courts.