NEW YORK CITY—In the first transaction under an investment mandate it secured this past summer, CapStack Partners has acquired a three-property, 475-unit multifamily portfolio in Nashville. CapStack's mandate covers value-add and opportunistic multifamily assets located across the Southeast, with investments made both directly and with established local operators and developers.
For the Nashville transaction, CapStack partnered with MACC Venture Partners, a Gastonia, NC-based multifamily operator focused on the Southeast. “This acquisition directly aligns with our investment parameters,” says David Blatt, CEO of CapStack. “Each property is exceptionally well-located, has a stable operating history and offers a significant value-add opportunity. We intend to reposition the portfolio into high-quality workforce housing to capitalize on the strong demand for this type of product in Nashville.”
The Nashville portfolio includes the Vistas, with 205 apartments; Fawnwood Apartments, which contains 158 units; and Archwood Meadows, a 112-unit property. Deal terms were not disclosed.
Recommended For You
Want to continue reading?
Become a Free ALM Digital Reader.
Once you are an ALM Digital Member, you’ll receive:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
*May exclude premium content© 2025 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
Paul Bubny
Paul Bubny is managing editor of Real Estate Forum and GlobeSt.com. He has been reporting on business since 1988 and on commercial real estate since 2007. He is based at ALM Real Estate Media Group's offices in New York City.
