Northmarq’s Nashville Multifamily Investment Sales team completes sale of 21-property affordable housing portfolio

Southeast Affordable Housing Portfolio
21-property affordable housing portfolio.

Northmarq’s Nashville Multifamily Investment Sales team led by Jordan Arand successfully completed a 21-property affordable housing portfolio. The properties included 1,088 units across three states:

  • Mississippi: 11 properties
  • Tennessee: 9 properties
  • Texas: 1 property

Northmarq represented both buyer and seller in the transaction.

“This portfolio represented a rare opportunity to transact at scale in the affordable housing space across key Southeastern markets,” Arand said. “Our deep relationship with the buyer, combined with our team’s regional expertise, allowed us to navigate a complex, multi-state closing process and deliver a seamless execution for both parties.”
 

About Northmarq 
Northmarq is one of the largest privately held commercial real estate firms in the United States, combining a nationwide presence with deep local expertise. With more than 50 offices across the country, we provide a full suite of debt, equity, investment sales, loan servicing and fund management solutions for a comprehensive range of property types. Our unique structure allows us to connect clients with the best opportunities, yet be nimble enough to ensure access to every expert across our company. The firm manages a loan servicing portfolio of over $78 billion and has completed $69.5 billion in transactions over the past three years. At Northmarq, collaboration fuels results, helping clients achieve success in every market, nationwide. For more information, visit www.northmarq.com.