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Franklin apartment property sells for $100M

A Cool Springs apartment property has sold for $100 million, more than twice the figure for which it last changed hands roughly eight years ago.
The new owner of Viera Cool Springs is Royal Oaks Fee Owner, an affiliate of Los Angeles-based real estate investment firm TruAmerica Multifamily. The seller was Viera Holdings LLC, an affiliate of Miami-based Lindemann Multifamily Management. Led by George Lindemann and Jud Laird, the LLC paid $44 million for the property in 2013, according to Williamson County property records.
Located at
300 N. Royal Oaks Blvd. at that road s intersection with Liberty Pike, Viera Cool SpringsÂ opened in 1986 and comprises multiple two-story buildings with a collective 468 residences. As such, the transaction is the equivalent of almost $214,000 per unit. ....

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Renters Are Getting Evicted Despite 'CDC Eviction Ban' — 'I'm Scared'

Renters Are Getting Evicted Despite CDC Order I m Scared
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Sheila Ambert says she did everything she was supposed to do to be protected from eviction by an order from the CDC. But her landlord is pushing ahead trying to evict her anyway. Housing advocates say the protections need to be strengthened.
Sheila Ambert
Sheila Ambert lies awake at night wondering if her family is about to get tossed out on the street.
As a mother, you feel like you failed your kids, Ambert says. You don t want them having to go through that or even knowing about it, which they do. ....

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Renters Are Getting Evicted Despite CDC Order — 'I'm Scared'

Some landlords are evicting tenants despite an order from the CDC aimed at stemming the spread of COVID-19 by preventing evictions. That has led to calls to strengthen protections. ....

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