Richland Building Partners plans to sell Chestnut Hill condos starting in the high $200,000s. The Nashville Business Journal reports the company is planning a mixed-use development with 120 condos and ground-level retail space. The project is slated to rise on a 0.57-acre site at 1020 Third Ave S., Richland, and the company paid $8 million for the property earlier this year.
Richland’s Chestnut Hill project is slated to rise seven stories, with a brick façade. Pfeffer Torode Architecture is designing the development.
Richland Building Partners has developed several high-end condo projects and single-family homes in the West End area, East Nashville and Green Hills, among other neighborhoods.
Earlier this year, Richland paid $14 million for eight parcels in Wedgewood-Houston, a short drive from its Chestnut Hill site, where it is planning another luxury condo and retail development.
JLL’s Capital Markets group arranged $463 million in bridge financing for Thompson Thrift’s eight-property multifamily portfolio. 6 of the 8 properties are in Florida. JLL secured the floating-rate construction take-out loan through Barings, with Daniel Hedgepeth leading the financing. The proceeds retired existing construction loans across all eight properties, which were delivered on a phased basis...
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Sky Equity Group, the New York City-based real estate development firm founded by Simon Dushinsky, has named Douglas Elliman Development Marketing as the exclusive sales and marketing agent for 260 E. 72nd, the firm’s new luxury condominium on Manhattan’s Upper East Side. Located at the corner of Second Avenue and East 72nd Street, 260 E....
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Subtext has officially opened LOCAL on Delmar, a new, mixed-use residential community in Missouri’s University City. Located at the western edge of the Delmar Loop entertainment district and less than half a mile from Washington University in St. Louis, the development transforms a long-underutilized site into a mixed-use destination featuring apartments, amenities, collaborative workspaces, and...
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