David Stollenwerk and Bryan Schellinger of Northmarq’s Nashville office, with associates Ben Crawford and Brenden Bercaw, successfully completed the sale of Addison at Rossview for $40 million. This resort-inspired apartment community was built in 2016 and is located at 200 Holland Drive in Clarksville, TN. Northmarq represented the seller – a local developer – while procuring the buyer.
Daniel Trebil (executive vice president & regional managing director) from Northmarq’s Minneapolis debt/equity office worked alongside Jesse Lemos (managing director) from Northmarq’s Nashville debt/equity office to secure financing for Timberland Partners – the buyer.
Addison at Rossview consists of 205 luxury one-, two-, and three-bedroom apartments situated within fast-growing Clarksville area.
“By providing tailored capital market solutions to facilitate this transaction we were able to achieve positive results for both parties involved,” said Schellinger; “this showcases our platform’s strength as well as our commitment towards delivering exemplary outcomes to clients.”