We’ve invested approximately $5.8 million to provide refinancing for Lyric on Bell, a 336-unit stabilized apartment community located in Antioch, Tennessee, just 20 minutes southeast of downtown Nashville.

Nashville is one of the fastest-growing metro areas in the U.S., attracting young professionals, families, and retirees due to its booming job market, affordability, and quality of life. Antioch, in particular, benefits from strong population growth and proximity to major employment centers, retail hubs, and infrastructure improvements.

With rising homeownership costs, the demand for affordable, well-located rental housing continues to climb, making this investment a stable and income-generating asset within a high-demand market.

This acquisition aligns with our Sunbelt rental housing strategy, targeting affordably priced, high-demand apartment communities in growing metro areas. Nashville’s rapid population and job market expansion continue to drive strong rental demand, making it a prime location for stable, income-generating assets.

Strategic Location: Positioned near major employment hubs, retail centers, and entertainment districts, ensuring steady tenant demand.

Affordable Living: Offers cost-effective housing in one of the fastest-growing metro areas in the country.

Strong Market Growth: Nashville remains a top-performing rental market, with sustained rent growth and low vacancy rates.

Stabilized Asset: A well-occupied community, providing immediate cash flow with long-term appreciation potential.

Nashville’s economic strength, job creation, and affordability make it a magnet for young professionals, families, and retirees, fueling ongoing demand for quality rental housing. With rising home prices, many residents are opting for well-located, professionally managed apartments like Lyric on Bell.

This investment enhances our diversified real estate portfolio, offering stable returns while capitalizing on the continued expansion of the Sunbelt rental market.