NASHVILLE, TN – West Shore LLC, a multifamily real estate investment firm, announces its expansion into a new market with the acquisition of The Pointe at Five Oaks, a new construction luxury apartment community situated on 29 acres of rolling countryside in Lebanon, Tennessee. This is West Shore’s third property in Tennessee, adding to its two properties in Knoxville.
“We are pleased to expand our portfolio in Tennessee in the growing and exciting Nashville market,” said Steven P. Rosenthal, Chairman of West Shore. “The Pointe at Five Oaks is a terrific property that sits just outside Music City in Lebanon, giving residents an exceptional living experience with simple access to the city.”
The Pointe at Five Oaks community offers custom one-bedroom and two-bedroom floor plans with loft apartment options, some with attached private garages. The 312 apartment homes are perfectly designed with quality finishes, gourmet kitchens, and stainless-steel appliances, with each unit featuring a private outdoor patio or balcony.
The complex offers an unparalleled selection of amenities in a dynamic location, including two state-of-the-art fitness facilities and an expansive clubhouse and business center. Outdoor grilling stations with alfresco dining areas and fire pits all overlook the resort-like saltwater pool.
“The Pointe of Five Oaks is strategically located and well positioned to benefit from the significant job drivers and positive momentum in the market,” said West Shore President, Lee Rosenthal. “We are proud to add this luxury community to the West Shore portfolio and look forward to future opportunities to expand further in Tennessee.”

Powered by WPeMatico

SAN FRANCISCO, CA – Bell Partners, one of the nation’s leading apartment investment and management companies, announced the acquisition of Tam Ridge Residences, a 180-unit apartment community in the San Francisco suburb of Marin County. Bought on behalf of the company’s Bell Core Fund I investors, the community marks Bell Partners’ third acquisition in California in 2021 and will be renamed to Bell Mt. Tam.
Bell Mt. Tam offers residents an abundance of recreation options. Marin County is near more than 100 miles of rugged coastline, connecting residents to redwood forests, oak-bay woodlands and beaches. Residents delight in a bike path adjacent to the community, as well as the nearby 620-acre Corte Madera Marsh Ecological Reserve, a well loved bird-watching destination. Mount Tamalpais, Stinson Beach, the San Francisco Bay and Golden State National Recreation Area are all within a five-mile radius of the property.
Bell Mt. Tam’s residents also delight in nearby shopping, dining and entertainment options, as well as proximity to numerous area wineries. Premier destinations such as the Village at Corte Madera, an open-air shopping center, are half a mile from Bell Mt. Tam in addition to several restaurants, cafes and breweries. Neighboring downtown districts within Marin County, including Downtown Larkspur, are walkable from the community.
In addition to ample recreation and leisure, Bell Mt. Tam offers convenient commuter access to nearby metro areas, including San Francisco. The community is within walking distance of the Larkspur Ferry terminal which provides direct service to San Francisco’s central business district. Bell Mt. Tam is also close to Highway 101, connecting residents to the city via the Golden Gate Bridge, as well as Interstate 580.
“The acquisition of Bell Mt. Tam is an exciting addition to our growing West Coast portfolio given its highly desirable location in a supply constrained area and modern apartment finishes,” said Nickolay Bochilo, EVP of Investments at Bell Partners. “The acquisition of Bell Mt. Tam reflects our focus on finding investments that offer compelling long-term fundamentals and opportunities to enhance and protect value via our operating platform. We are thrilled to become the new steward of this special community for years to come.”
Built in 2017, Bell Mt. Tam features six buildings offering a mix of one-, two- and three-bedroom units. Residents delight in a rooftop terrace and an expansive half-acre, interior landscaped park with a resort-style pool and spa, community kitchen and firepit lounge. Resident homes include Class A features such as designer hardware and stainless steel appliances, high ceilings and generous patios or decks. The community also features 3,100 square feet of on-site retail, including Andy’s Market, a grocery and specialty store.
Adding to Bell Partners’ West Coast portfolio, the acquisition of Bell Mt. Tam follows the company’s September buy of Bell Hanover Center, a 395-unit community located in Los Angeles, as well as the acquisition of nearby 232-unit Bell Rohnert Park in February.

Powered by WPeMatico

NASHVILLE, TN – Lion Real Estate Group, a real estate investment and asset management firm focused on acquiring value-add and opportunistic multifamily properties, announced two separate transactions in the Nashville metropolitan statistical area (MSA).
LREG bought Brentwood Station, a 196-unit asset adjacent to the quick-growing Brentwood submarket, for $30.25 million. The property was obtained at a 4.5% cap rate via LREG Multifamily Fund II LP, a $250 million private equity fund managed by the firm to buy value-add multifamily real estate across the Southeast, Texas, and Intermountain West regions.
Brentwood Station offers a mix of one- and two-bedroom units, including two-bedroom townhomes, which range between 750 and 1,140 square feet. Premium on-site amenities include a swimming pool, pet park, fire pit area, playground, business center and fitness center. Brentwood Station also provides convenient access to the I-65, Nashville International Airport and Vanderbilt University. Brett Kingman of Walker & Dunlop was the selling broker in the transaction.
“The U.S. multifamily market remains strong, is producing high risk-adjusted returns, and continues to exhibit lower occupancy and rent volatility relative to other real asset classes,” said Jeff Weller, Co-Founder and Managing Principal of LREG. “Our network of investors, brokers and industry professionals allows us to capture this momentum by identifying attractive investment opportunities across the country. We look forward to adding value at Brentwood Station through refinancing and our value-add program and have strong conviction in the Nashville market moving forward.”
LREG has also completed the sale of The Ellington, an apartment complex located three miles southeast of Nashville’s downcore core, for $47 million. Originally bought for $30.3 million ;as the firm’s first Nashville syndication deal. The 389-unit property provides a mix of one-, two-, and three- bedroom apartments, each between 750 and 1,300 square feet, as well as a fitness center, two resort-style swimming pools, a clubhouse, and a playground for its residents. Under LREG’s ownership, The Ellington recently completed a $5.8 million refurbishment program to make accommodation. Brett Kingman of Walker & Dunlop was the selling broker in the transaction.
“The successful disposition of The Ellington is a testament to the effectiveness of our business plot,” added Mory Barak, Co-Founder and Managing Principal of LREG. “We have combined our knowledge of local economic trends and multifamily fundamentals to ensure that residents and investors alike are seeing positive returns on their respective investments.”
The Nashville MSA’s population has increased 21% over the last decade, accounting for most of Tennessee’s expansion, per the 2020 U.S. Census. Job growth also rose by 26% in the same timeframe, making Nashville the second-fastest growing metro economy in the country, according to the city’s Regional Economic Development Guide. Among the largest companies with corporate headquarters in Nashville are Bridgestone Americas, Dollar General, and HCA Healthcare. Other major employers include Vanderbilt University Medical Center, Nissan North America, and Amazon.
LREG now owns eight properties in the Nashville area, accounting for more than 1,600 residential units.

Powered by WPeMatico