NASHVILLE, TN – San Francisco-based real estate firm Hamilton Zanze (HZ) has bought the 228-unit The Retreat at Arden Village in Columbia, Tennessee. This represents HZ’s seventh acquisition in Tennessee and sixth in the Nashville metro area.
The community, built in 2007 with additions in 2018, is located 40 miles south of Nashville, which benefits from a well-established economy driven by a dynamic private sector and a qualified workforce. Nashville is also home to several Fortune 500 companies and top regional universities like Vanderbilt University.
“The Retreat at Arden Village offered an attractive opportunity to buy a quality asset in a very strong submarket within the Nashville MSA,” said David Nelson, Hamilton Zanze’s chief transactions officer. “The property features a contemporary vintage, robust amenity package, and prime location near fantastic job drivers which will provide our residents with the quality of life offered in Nashville’s growing urban core. Being that this is now our seventh acquisition in the state of Tennessee and sixth in the Nashville metro, we are excited about our continued growth in the region.”
The Retreat at Arden Village is located at 2477 Palomar Circle and was 97.0% occupied at buy. The 228 units average 1,080 square feet with seven different floor plans. Community amenities include an indoor fitness center, business center, clubhouse, resort-style pool, dog park, billiards room, and an outdoor entertainment kitchen with grills. Unit amenities include granite countertops, large closets, hardwood floors, and full size in-unit washer and dryers.
Management of the property has also been transitioned to HZ affiliate Mission Rock Residential, a Denver-based company.

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FORT WORTH, TX – Tradition Senior Living, LP, a privately-owned, developer and operator of high-end senior living communities in Texas, announced the groundbreaking of The Tradition-Clearfork in Fort Worth. The new luxury, rental retirement community will offer residents exceptional amenities and services and is the most recent residential option to the Clearfork mixed-use development.
Located on approximately 6 acres along the Trinity River with miles of walking trails, the nine-tale independent living community is being constructed at 5755 Clearfork Main Street. A five-tale helped living and memory care community, located on the same site, will front 3033 Acme Brick Plaza. A soft opening is scheduled for spring 2023, with final completion slated for summer 2023.
Ideally situated in the heart of Fort Worth, The Tradition-Clearfork marks a new phase of residential growth in the 270-acre Clearfork mixed-use development, which includes the well loved Shops at Clearfork, exciting dining and entertainment, living and office destinations, and ample green spaces.
“We are very excited to partner with the Edwards family in one of my favorite Texas cities,” said Jonathan Perlman, Sr., Founder and CEO of Tradition Senior Living, LP. “Our Houston and Dallas locations have loved tremendous success, and our residents are very proud to call The Tradition their home. We look forward to providing our residents with a lifestyle and community that takes advantage of this incredible location.”
The Tradition-Clearfork is the fifth community developed by the family-owned, Texas-based company, which was founded by Jonathan Perlman, Sr. and now includes his sons Jonathan Jr. and Holt Perlman, who are integral members of The Tradition executive team.
Featuring resort-style living with ultra-inclusive services, for which The Tradition will be home to 214 large one- and two-bedroom independent living residences with private balconies, 95 one- and two-bedroom helped living and memory care residences, and three furnished suites for residents’ overnight guests. Units range from 880 square-feet to 2,200 square-feet. At Clearfork, The Tradition will continue its more than eleven years of successfully operating strictly as a rental community with no large buy-in fee. Residents will have access to 24-hour concierge, valet, secure parking, and transportation options. Elegantly decorated, light-filled common areas will include lounges, card rooms, a movie theater, and common areas for daily social activities and wellness programs. Restaurants will offer chef-driven a la carte menus, a refined wine list, and signature cocktails. Comprehensive fitness areas will include an indoor pool, a weight room, and a group-exercise room for classes taught by in-house fitness instructors. Outdoor areas will feature lush landscaping, ample gathering areas, and a dog park. Security features include IP cameras, an electronic visitor management system, an access-controlled garage, and an innovative emergency response system. But the community’s most underestimated security amenity will be the natural gas generators that provide electrical backup for the entire community.
Conveniently located near the Texas Health Medical Center, The Tradition-Clearfork is two miles west of Texas Christian University, two miles south of Westover Hills, and a small drive to downtown Fort Worth.
Jackson & Ryan Architects is the architect of record and Rogers-O’Brien Construction is the general contractor.

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GREENSBORO, NC – Bell Partners, one of the nation’s leading apartment investment and management companies, has bought Hanover Warner Center, a 395-unit apartment community in Los Angeles, California. The community, bought on behalf of the firm’s Bell Core Fund I investors, will be renamed Bell Warner Center.
Located in the San Fernando Valley, Bell Warner Center is located minutes from Route 101, connecting residents to major job centers in Woodland Park, life science industry in Thousand Oaks, and content creation industry in Burbank. Nearby Warner Center, which houses 10 million square feet of office space, is home to companies such as Intuit, Blackline and AMC Networks. Additional major employers near the community include Warner Bros., Netflix and Morgan Stanley.
In addition to abundant employment opportunities, Bell Warner Center is situated in the heart of Warner Center’s downtown, home to numerous retail outlets, restaurants and entertainment venues. The campuses of UCLA, USC, Pepperdine and other Los Angeles universities provide residents with world-class educational opportunities and storied cultural institutions.
“We are thrilled to continue our expansion on the West Coast with the acquisition of Bell Warner Center,” said Nickolay Bochilo, EVP of Investments at Bell Partners. “The acquisition of this community reflects our focus on finding high quality properties in areas with attractive long term economic fundamentals. The choice of a desirable suburban location in the Los Angeles metro reflects our view that suburbs will continue to benefit from demographic and migration shifts that have been accelerated during the COVID pandemic.”
Built in 2020, Bell Warner Center features a range of amenities for residents such as an executive conference and meeting rooms, 24-hour fitness center and a controlled-access parking garage. The community also features an atrium with an outdoor café and fire pit.

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