Walker & Dunlop recently arranged the sale and financing of The Guthrie North Gulch, a 271-unit Nashville apartment community. Pricing and terms were not disclosed for the deal that closed in late June. Russ Oldham of W&D’s Nashville Investment Sales team led the transaction for the seller, while Stephen Farnsworth, Hanes Dunn, and Jessie Bland from their Multifamily Finance team secured a Freddie Mac fixed-rate loan on behalf of buyer GF Properties of Denver.
The Guthrie North Gulch is located at 600 11th Ave. North with pet-friendly studio, one-, two-, and three-bedroom units featuring amenities such as fitness center; dog park; state-of-the art recording studio; among others. According to Oldham: “We were pleased to offer this rare opportunity to acquire this wood frame property in an attractive location within Nashville’s vibrant Gulch submarket… Walker & Dunlop’s all encompassing services platform allowed us to streamline appraisal process while securing favorable debt terms resulting in an attractive transaction price.”
