**Origin Investments Acquires Queens Wedgewood-Houston for Over $79.4M**
Origin Investments has acquired Queens Wedgewood-Houston (Queens WeHo), a 221-unit multifamily community located at 715 Hagan St. in the Wedgewood-Houston neighborhood of downtown Nashville, Tennessee. The purchase price exceeded $79.4 million.
Developed by Proffitt Dixon, Queens Wedgewood-Houston was completed in 2023 and offers a mix of studio, one-, two-, and three-bedroom units ranging in size from 559 to 1,120 square feet. At the time of closing, the community was approximately 94% occupied, following a strong leasing pace of more than 20 units per month during the summer and fall.
A key feature of the property is its fully leased restaurant and retail space, occupied by Mercado by Butchertown, a Nashville dining destination that includes the rooftop bar Ramone’s.
The transaction was facilitated by a Walker & Dunlop team, which led both the Investment Sale and Debt Placement efforts.
With this acquisition, Origin Investments now owns a portfolio of nine multifamily communities in Nashville, totaling more than 2,300 units across various stages of pre-development, construction, or operation.
