Camden Property Trust acquired the Harlowe multifamily community in Nashville’s Gulch neighborhood. The price was $88.6 milion or nearly $300,000 a unit. The apartment complex will be redubbed Camden Gulch.
The Nashville Business Journal reports that Greystar was the seller and the developer, having bought the property at 908 Division St. in 2019.
The 16-story Harlowe apartment tower opened in 2022 and offers 300 units. The building is 93.7% occupied.
Camden Property Trust is a real estate investment trust, or REIT, that owns and operates more than 167 apartment communities across the U.S. The firm now owns six apartment developments in the Nashville area, including a Franklin complex the firm bought in June for $43.5 million.
Independence in West Sacramento, a new gated community of 208 townhome-style rental homes developed by Lewis Apartments, opened its leasing office and model homes to the public on Saturday, Oct. 24. Located in West Sacramento’s Southport/Bridgeway Island area, Independence introduces rental homes designed for residents who want the space and privacy of a single-family home...
Learn more
CBRE announced the sale of a 4.66-acre parcel at the northwest corner of County Highway MM and U.S. Highway 14 in Fitchburg, Wisconsin. Louisville, Kentucky-based Trilogy Real Estate Fitchburg LLC purchased the property from Fairchild Development LLC for $2.23 million, marking the company’s third location in the Madison market and expanding its footprint beyond its...
Learn more
Northmarq has arranged $95.8 million in refinancing for a six-property, 1,461-unit multifamily portfolio owned and operated by E&S Ring across Los Angeles and San Bernardino Counties. The financing was arranged through Voya Investment Management by Northmarq’s San Francisco Debt + Equity team, led by managing director Nathan Prouty, SVP Andrew Slaton and senior investment anaylst...
Learn moreRe/Max Real Estate Professionals
Central CA Commercial | California
Recckio Real Estate & Development
Northgate Real Estate Group
California
California