Knoxville Biz Ticker: Cushman & Wakefield arranges multifamily sale
The Knoxville News-Sentinel
2 hrs ago
Knoxville News Sentinel
Cushman & Wakefield arranges multifamily sale
KNOXVILLE, Tennessee, April 21, 2021 – Cushman & Wakefield announced today that the commercial real estate services firm has arranged the sale of The Ridge at Hamilton Crossing, a 353-unit apartment community located in Maryville, Tennessee.
Jimmy Adams and Craig Hey of Cushman & Wakefield represented the seller who was affiliated with Tynes Development Corporation, in the transaction. StoneRiver, an investment company that has invested more than $1 billion in assets across the Southeast, acquired the property. This is StoneRiver’s first acquisition in Fund II and StoneRiver Property Management will be responsible for management.