Nashville-Area Apartment Community Trades for $106M

Nashville-Area Apartment Community Trades for $106M
News| January 8, 2026| Mike Boyd
Atlanta & Southeast + Apartment Buildings

General Services recently paid $106 million for The Paxton Cool Springs, a 328-unit multifamily project in Cool Springs, south of Nashville. The Nashville Business Journal reports that General Services inked a $63 million acquisition loan from Newmark to accompany the purchase. Starlight Investments was the buyer.

The complex, located at 2007 Knoll Top Lane, was developed by Middleburg Communities and opened in 2019. Middleburg sold the property to Starlight in 2022 for $82.9 million.

General Services paid $88.2 million for The Lodge Bellevue multifamily development, located at 645 Old Hickory Blvd. in Nashville, in 2024.

General Services Corp. owns and manages dozens of apartment complexes across the country in states like Florida, Georgia, Nevada, Virginia and South Carolina.

Other News

Queens’ Tallest Tower Reaches 90% Leased, Adds First Retail Tenants

New York & Tri-State + Apartment Buildings

BLDG Management Co., Inc announced that The Orchard, Queens’ tallest tower, has surpassed 90% leased across its 824 residences nine months after launching residential leasing. The milestone occurs as the 70-story Long Island City development recently signed its first three retail tenants: K-beauty brand Tokimo, Japanese tea and beverage brand Mollytea and financial technology platform...

Learn more

80-Unit Seniors Housing Development Opens in Suburban Chicago

Chicago & Midwest

Leyden Senior Apartments, a new four-story independent senior living development in Franklin Park, recently opened.  Located at 2506 N. Mannheim Road, Leyden Senior Apartments offers one- and two-bedroom residences. The adjacent newly constructed Carl Fiorito Senior Center will be available to the entire community. Owned by Leyden Apartments LP, Leyden Senior Apartments was designed by...

Learn more

312-Unit Multifamily in Indiana Changes Hands

Chicago & Midwest + Apartment Buildings

Northmarq’s Investment Sales team, led by Bobby Schiavone, Jordan Arand and Adam Klenk, led the sale of The Bend Apartments, a 312-unit garden apartment community located at 1909 Greentree Blvd. in Clarksville, Indiana. Northmarq represented the seller, a regional multifamily developer. The buyer was a private investor. “The Bend generated significant investor demand, further proving...

Learn more
New call-to-action

Brokers

View All

Lenders

View All

Management

View All
Login
or
Sign up