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Deal Dash: New city record set with Metrocenter apartment sale; OneCity land sells for $11.7M; more
Welcome to this week's Deal Dash, our roundup of real estate news in Greater Nashville. Click to read about the city's newest apartment sale record, a OneCity land sale and more.
Baby boomers and millennials are competing for homes. Guess who has the upper hand?
Baby Boomers are buying more homes just as millennials enter their prime home-buying years.
Ranked: 30 metros where apartment rents have grown the fastest since early 2020
An analysis of RealPage Inc. data by The Business Journals found that among 50 of the largest metropolitan statistical areas in the United States, rents grew more than 10% between the first quarter of 2020 and the third quarter of 2021.
Eyeing residential project, Proffitt Dixon Partners spends $32.5M on downtown state-owned land
This Charlotte, North Carolina-based developer dropped more than $32 million on state-owned Second Avenue land near the First Horizon ballpark. According to permit data, the firm is eyeing townhomes for the site.
ULI deems Nashville a 'supernova' for real estate growth
Urban Land Institute study finds Nashville continues to lead national rankings for economic growth.
Metro approves demolition for Second Avenue buildings damaged in Christmas Day blast
A key Metro division has approved demolition for four Second Avenue buildings. “We know this is the best way to move forward with the reconstruction of our buildings, including the historical façades,” the property owners said in a statement. “We will also honor our commitment to using as many salvaged materials from the original structures […]
Top of the Market: Nashville’s most expensive homes sold Oct. 3-9
Check out the most expensive recent home sales in Nashville in this weekly feature.
ULI, PwC identify top markets to watch in 2022 as real estate investment powers up
Change is a major theme in this year's Emerging Trends in Real Estate, an annual report by the Urban Land Institute and PricewaterhouseCoopers LLP, heading into 2022.
U.S. apartment rents have jumped more than 10% since early 2020
Apartment rents have been growing at a rapid clip this year, after a stagnant to modest increases observed during the height of the Covid-19 pandemic last year.