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Northmarq Arranges $40M Sale of Multifamily Property in Clarksville, TN

Northmarq Arranges $40M Sale of Multifamily Property in Clarksville, TN

Northmarq’s David Stollenwerk and Bryan Schellinger of the Nashville office, with associates Ben Crawford and Brenden Bercaw, successfully closed a $40 million sale of Addison at Rossview. The 2016-built resort-style apartment community is located 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 who purchased Addison at Rossview.  The 205 luxury one-, two-, and three-bedroom apartments are situated in rapidly growing Clarksville area.

“By providing tailored capital market solutions to meet buyers’ needs we were able to close this transaction with positive outcomes for both parties involved,” said Schellinger “This demonstrates our commitment towards delivering exemplary results for our clients.”

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