Hotel Developer Added to Mixed-Use Murphy Road Project
Brentwood-based GBT Realty announced Tuesday that Chartwell Hospitality will own, develop and manage the hotel component of Parke West, GBT’s project under construction near the intersection of West End Avenue and Interstate 440. In addition, and according to a release, First Horizon Bank is providing a $56.5 million construction loan for GBT’s component of the […]
Thermal imaging, UV light and air flushing: This new Nashville office tower is designed for the Covid-19 era
While many other building owners are evaluating how they can modify their existing buildings, the timing of GBT’s project makes it Nashville’s first example of how a newly designed office building could look and function with a virus in mind.
GBT Sells Two Multifamily Communities in Nashville
NASHVILLE, TENN. — GBT Realty Corp. has sold Village 21 and Belcourt Park, two multifamily communities in Nashville, for a total of $52.2 million. Atlanta-based TriBridge Residential acquired both properties. The 101-unit Village 21 sold for $31.7 million. The property is situated at 1620 21st Ave. S., two miles southwest of downtown Nashville. The community […]
TriBridge Buys 2 for $52M in Nashville
GBT Realty has sold a 177-unit multifamily portfolio in Nashville, Tenn., to TriBridge Residential for $52.2 million, according to documents recorded by Davidson County. The buyer of the 101-unit Village 21 and 76-unit Belcourt Park secured $33.5 million in acquisition financing from Fidelity Life to close the deal. Both communities delivered in the city’s Hillsboro […]