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HarborChase Cordova is the second development of the partnership in the East Memphis area. Their HarborChase of Germantown project is under development and anticipated to open in the summer of 2019.
The 23 Class A properties are located in the Atlanta, Austin, Charlotte, Dallas, Denver, Houston, Las Vegas, Nashville, Orlando, Phoenix, Raleigh, San Antonio and Tampa markets.
It is generally accepted that stock market volatility has no impact on the commercial real estate market, but the volatility in recent weeks could impact business confidence.
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.
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.