This Week in Tennessee’s Real Estate News:
The Tennessean :: Written by Getahn Ward :: October 5, 2013
Southern Land Co. on Friday purchased the 2.5 acres it needed for its planned mixed-use project in Green Hills for roughly $13.5 million.
The deal for the property at Hillsboro Pike and Richard Jones Road brings the Franklin-based developer’s project closer to reality. The project has drawn attention of nearby residents because of its planned height, which is 22 stories at its highest point.
“We’re excited to close on the land as this is another key step of the project…
Read More: Green Hills Mixed-Up Project Advances
The Nashville Business Journal :: Written by Nevin Batiwalla :: October 9, 2013
For much of the past 20 years, baby boomers raising families drove the housing market in Nashville and the rest of the United States.
Buyers between ages 35 and 64 wanted large single-family detached homes on large lots, so that’s what builders gave them.
About 80 percent of the new housing stock during that period was single-family detached homes…
Read More: A Glimpse Into Nashville’s Housing Future
The Nashville Business Journal :: Written by Nevin Batiwalla :: October 8, 2013
Irvine, Cal.-based Steadfast Income REIT Inc. paid more than $140,000 per unit for the 206-unit Watermark at Indian Lake Village, which opened earlier this year at 120 Cinema Drive.
The property is being renamed Cantare at Indian Lake Village…