SLI Capital and Regent Partners will combine efforts to build 420 apartment units in the Edgehill area. The project will be part of a mixed-use development around the reservoir on Eighth Avenue South. The project will offer a seven-story and three-story building. The apartment complex will include multiple outdoor gathering spaces and a pool.
The Nashville Business Journal reports SLI Capital paid a collective $14.25 million for the two sites in separate transactions in 2020 and 2021.
The apartment buildings are part of a larger 23-acre development site surrounding the reservoir in Edgehill — the master-planned development is being led by Nashville-based Elmington Capital Group who was also the seller of the two Hillside Avenue sites.
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Robert Khodadadian has long had a simple philosophy about selling real estate. There are approximately a million buildings in the city, and the broker that gets to sell any one among the multitude that will hit the auctioning block at a given moment is, sometimes, simply the person who happens to pitch their services to the right seller.
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Read MoreConnect CRESLI Capital and Regent Partners will combine efforts to build 420 apartment units in the Edgehill area. The project will be part of a mixed-use development around the reservoir on Eighth Avenue South. The project will offer a seven-story and three-story building. The apartment complex will include multiple outdoor gathering spaces and a pool. The …
The post SLI, Regent Join Forces on 2-Building Nashville Apartment Project appeared first on Connect CRE.