Nashville

A Nashville developer thinks investors should expect 15-18% returns and explains why today's new condo market is a better and safer investment than far more popular apartments.

Novant Medical Group is the anchor tenant for the Jetton Medical Park, leasing nearly 80% of the total square footage of the two buildings.

The company says it on the lookout for additional acquisitions in the market to bring its portfolio in the Nashville region into the thousands of units.

The deal marks the fast growing healthcare real estate investment firm's entrance into the Minnesota marketplace.

The purchase of One Nashville Place marks the private real estate equity firm's entrance into the Music City commercial market.

The four-story, 68,500 square-foot property is the largest facility for University Medicine, which operates nine other clinics throughout Rhode Island.

The 1,500-room hotel and convention center located less than 10 minutes from the Denver International Airport and 25 minutes from downtown Denver is expected to begin operations in the fourth quarter of this year.

The seller, a Wharton equity company, acquired the property in early 2017 in an off-market transaction from the original developer and thereafter undertook significant renovations at the property that produced dividends.