NASHVILLE, TN – Nationwide multifamily investor and operator, Avanti Residential announced the acquisition of lakefront property, The Residence at Ancient Hickory Lake, a 116-unit Class A multifamily property in the Nashville metropolitan area. This community completed construction in 2018, and it marks Avanti’s entry into the Nashville market.
The Residence at Ancient Hickory Lake features a range of living options including 1-, 2- and 3-bedroom layouts. The property offers residents luxury living with 9-foot ceilings, floor-to-ceiling windows and gourmet kitchens in each unit. The property also features a resort-inspired saltwater pool, fire pit and 24-hour fitness center for residents to delight in.
“Nashville’s dynamic real estate market aligns perfectly with our company’s vision for sustainable growth,” said Christian Garner, president and CEO of Avanti Residential. “We’re committed to enhancing the greater Nashville area with modern, well-managed apartment communities that meet the needs of both new and existing residents.”
The Residence at Ancient Hickory Lake is at 2401 Lakeshore Drive 15 miles from Downtown Nashville. The vibrant Ancient Hickory neighborhood features small-town charm and natural beauty. Residents are steps away from Ancient Hickory Lake, Blue Turtle Bay Marina as well as local restaurants, coffee shops, hiking trails and parks. Ancient Hickory and northeast Nashville are poised for growth as the city continues to drive progress in technology, sports, music and entertainment.
“We believe The Residence at Ancient Hickory Lake is well-positioned to outperform the local market into the foreseeable future,” said Peter Partipilo, director of acquisitions. “Given the solid area fundamentals and continuing absorption of the region’s recently delivered new multifamily product, we expect an opportunity to expand further in the Nashville market.”
Avanti Residential bought the property from Arnold Companies, a private non-merchant developer.
“Avanti is a pleasure to work with,” said the sale representative at Arnold Companies, Ben Arnold. “We wish them well with their new acquisition.”
Avanti Residential owns and operates over 9,000 apartment units in eight states and is continuing to grow in the Southeast United States. Given its significant expansion in Kansas City and Florida, Avanti Residential is anticipated to continue property acquisition efforts in the region. The organization continues to buy apartment projects on behalf of its institutional and private capital partners.

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JACKSONVILLE, FL – FaverGray announced the successful completion and delivery of The Aston at Town Center, a luxurious multifamily community situated on approximately 4.6 acres near The Saint Johns Town Center in Jacksonville, Florida.
The Aston at Town Center has quickly become a distinguished addition to Jacksonville, offering a living experience that combines modern luxury and walkability. With its prime location and top-notch amenities, the community is poised to set new standards for upscale apartment living in the area.
Spanning an impressive 502,681 square feet, the community consists of a five-tale building and six-tale parking garage. The community offers a variety of amenities to enhance residents’ daily lives, including a clubhouse that serves as a hub for fitness and recreation, a serene courtyard, a dog park, and a pool with the aesthetic of a luxurious resort.
The construction of the community showcases FaverGray’s expertise, with a wood frame structure adorned with brick, fiber cement trim, stucco, and metal panel exterior façade. The building slabs are constructed using post-tensioned concrete on grade, with two levels of post-tension concrete podium at the clubhouse.
“It is with fantastic honor that we announce the completion of The Aston at Town Center,” expressed Ben Hinson, Executive Vice President of FaverGray, highlighting our dedication to delivering exceptional construction projects tailored to the specific needs of developers and owner/operators. “Through this achievement, we aim to establish new standards for quality within the multifamily industry,” added Hinson.
“We take immense pride in the hard work and dedication of our team that brought The Aston at Town Center to fruition,” stated John Kitchens, Division Leader of FaverGray. “Their commitment to excellence and meticulous attention to detail not only ensured the timely delivery of this project but also exemplify our unwavering dedication to exceeding the expectations of developers and owner/operators, thus setting a definitive standard of quality and reliability in the construction industry,” shared Kitchens.

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POOLER, GA – Venterra Realty recently bought the Botanic Luxury Apartments community located in Pooler, Georgia. The 391-unit multi-family community is well located just minutes from Savannah, in the quick-growing suburb of Pooler, Georgia, with simple access to the Pooler Parkway and I-95.
The property consists of three midrise-style buildings, each with elevator access, and 11 buildings containing townhome or “Huge House” units that have ground floor access and attached garages. All apartments feature high-end interior finishes including stainless steel appliances, quartz countertops, garden tubs, full-size washers and dryers, and oversized closets. Some apartments offer a kitchen island, attached garage, double-sink vanities, and built-in desks.
Botanic Luxury Apartments provide renters with access to a resort-style pool area with a cabana, sun shelf, grilling area, two-tale fitness center, and yoga space, elevator service, resident lounge, private offices, and EV charging stations. Residents with pets can welcome up to 3 pets per apartment, with no weight limit, as well as delight in access to the bark park and paw spa.
Nestled among the region’s leading employers and educational institutions, Botanic Luxury Apartments offers access to Savannah-Chatham County Public School Systems, Georgia Tech Savannah, Gulfstream Aerospace Corporation, and other notable organizations. Additionally, the location is a stone’s throw from vibrant dining, premier shopping, and exciting entertainment venues, including downtown Savannah, Tanger Outlets, and various recreational spots. Venterra will implement its resident-focused programs such as the Live it. Like it. Guarantee, the 48-Hour Maintenance Guarantee, and SMARTLEASING™.
“The acquisition of Botanic Luxury Apartments marks a significant achievement for Venterra that is worth celebrating. As our first acquisition in the Savannah market, Venterra now has assets in 20 different metro areas across the country,” said John Foresi, CEO of Venterra Realty. “Venterra has become known as a company that is committed to providing a market-leading living experience, and we look forward to identifying opportunities to further grow our presence in new markets and enhance the standard of living at Botanic Luxury Apartments by implementing Venterra’s customer-focused management platform,” added Venterra Chairman, Andrew Stewart.

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