NASHVILLE, TN- Demonstrating that Georgia and Florida markets aren’t the only ones in the Southeast to see a multifamily turn around, Wyndchase Aspen Grove has traded hands. Financial terms of the deal were not disclosed.

Jones Lang LaSalle senior vice president Vince Lefler, along with managing directors Derrick Bloom, David Gutting, and Denny St. Romain, handled the transaction for the seller, Trade Street Capital. A real estate fund advised by Crow Holdings Capital Partners purchased the 560-unit, luxury garden-style apartment community in the Nashville submarket of Franklin, Tennessee.

“Nashville is one of the best performing apartment markets in the Southeast and is considered to have fully recovered with market rents and occupancies returning to pre-recession levels,” Lefler tells GlobeSt.com. “Crow Holdings is eager to capitalize on the property’s close proximity to metro Nashville, as well as its newly renovated facilities. All of which makes it poised to capture high rental rates as the economy recovers.”