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Nashville Multifamily Deal Music to JLL’s Ears

NASHVILLE, TN-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.

By Jennifer LeClaire | Updated on October 06, 2011

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.

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