Flank GP Fund I secured the full capitalization for The Nashville EDITION Hotel & Residences in The Gulch neighborhood of Nashville. The Fund closed on approximately $ 400 million in debt and equity financing to build the new EDITION development, developed by Tidal Real Estate Partners, which will comprise 261 hotel rooms and condominium residences, 84 private condos fully serviced by the hotel. The project has broken ground at 1110 Porter Street.
The debt and equity financing was provided by affiliates of KSL Capital Partners and Madison Realty Capital in partnership with Newbond Holdings.
The hotel will occupy the lower floors of the 28-story tower. Crowning the top 15 floors of the building, The Residences at The Nashville EDITION will include 84 private condominium residences ranging from one to four-bedrooms.
Development of the Nashville EDITION is being managed by Tidal Real Estate Partners, in collaboration with Left Lane Development and Marriott International. The Nashville EDITION has been designed by ESa.
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...
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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...
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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...
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