Category Archives: Multifamily

Hot Nashville multifamily market posts strong rental growth

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The healthy demand for apartments continues in the metro Nashville market.

One sure sign of the strong demand is the upward trend in rental rates.

As of first-quarter 2014, year-over-year rental rates in Nashville rose by 3.7 percent, according to JLL’s Multifamily Performance Statics Q1 2014 report. That growth rate was the fifth best in the U.S.

According to JLL’s report,… Read More

Three reasons why Nashville’s apartment market will not become overbuilt

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Vincent Leffler, SVP, Nashville Capital Markets, JLL

Vincent Lefler, SVP, Nashville Capital Markets, JLL Tennessee

By Vincent Lefler, Senior Vice President, Nashville Capital Markets, JLL Tennessee

The numerous cranes visible on the skyline are a sure sign that multifamily construction is booming in Nashville.

Construction data certainly corroborates that impression. The number of apartments delivered in Nashville jumped from an average of 1,330 units per… Read More