trending Market Intelligence /marketintelligence/en/news-insights/trending/GBbqoD_WHrmDqtZBxGGI6A2 content esgSubNav
In This List

Starwood Capital sells Hermitage, Tenn., multifamily property for $49M

Blog

Japan M&A By the Numbers: Q1 2022

Blog

Global M&A by the Numbers: Q2 2022

Blog

SEC Climate Disclosure Requirements Heating Up: How to Take Action

Blog

Infographic 2022 Top Tech Trends Shaping Corporations


Starwood Capital sells Hermitage, Tenn., multifamily property for $49M

Starwood Capital Group sold The Arbours of Hermitage multifamily property in Hermitage, Tenn., to Lion Real Estate Group for $48.5 million, Multi-Housing News reported, citing public records.

The 350-unit community at 6001 Old Hickory Blvd. comprises 45 buildings. The property, which last traded for $38.6 million in late 2016, was 93.4% occupied in December 2019, the report noted, citing Yardi Matrix data.