NASHVILLE, TN – Greystar, a global leader in the investment, development, and management of residential real estate, in partnership with Griffin Capital Company, announced that it is nearing completion on Station A, a new, sophisticated apartment living experience coming to Madison in early summer of 2025.
“We are proud to offer another much-needed housing option for this resilient and growing community here in Nashville, that has worked hard to rebound from the devastation of the December 2023 tornado” Andrew Cook, Director of Development, Greystar, said. “We’re making tremendous progress on construction and excited to welcome residents later this summer.”
Griffin Capital’s Chief Investment Officer, Paul DeMartin, added “We have been very active in the greater Nashville MSA based on our high level of conviction in the long-term outlook for the market and believe this location will be a terrific community for residents for years to come.”
The community’s name, Station A, derives from the historic Amqui Station, a railroad switching and passenger depot, which sat adjacent to the property before Johnny Cash bought it and went it to his home in Hendersonville. The station now sits a mile south of the original location.
Station A will offer a curated collection of studio, one, two and three-bedroom floorplans ranging from 576 sq.ft. to 1,375 sq.ft. Residents can choose from two unique end schemes to find the home that perfectly complements their style. Apartment homes will feature thoughtful upgrades, like sleek matte black or gold hardware, elegant wood cabinetry in colors Onyx or Truwhite, wood-inspired plank flooring, and sound-proofing technology. The community will also boast over 19,000 square feet of indoor-outdoor amenity spaces including a stylish clubroom and lounge, fully equipped fitness center, expansive pool and courtyard, secured parking and dedicated work from home spaces.
From the branding to the interiors, Station A recognizes the storied history of its locale, while embracing the growth and innovation of the present.
The community is conveniently located along Gallatin Pike, which is a small drive to Hendersonville, East and North Nashville, Downtown and beyond. Future plans include the development of a transit line running adjacent to Station A.
Greystar and Griffin Capital are working with Meeks + Partners architects, Kimley Horn civil and landscape engineering and StudioSix5 interior designers.

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SUNRISE, FL – FCP continues its expansion in Florida with the acquisition of ARIUM Sunrise, a 400-unit multifamily community in Sunrise, FL. The acquisition, completed in partnership with BMC Investments and The RMR Group, reinforces FCP’s commitment to investing in high-growth markets and unlocking value in well-located assets.
“We believe Broward County remains one of Florida’s fastest-growing regions, and our recent investments highlight our commitment to securing well-positioned assets in this key market,” said Bruce Gago, Senior Vice President at FCP and head of the company’s Florida investments. “We look forward to once again partnering with BMC and collaborating with RMR with the goal of enhancing ARIUM Sunrise Apartments and while providing residents with a quality living experience.”
Built in 1998, ARIUM Sunrise Apartments currently boasts a 94% occupancy rate and offers an array of amenities, including a swimming pool, clubhouse, and fitness center. FCP and its partners plot to upgrade approximately 8% (32 units) of the apartments that remain in their original condition, ensuring the community continues to meet evolving resident expectations. The property is situated near well loved local attractions like Sawgrass Mills Mall and Amerant Bank Arena, providing convenient access to shopping, dining, and entertainment options.
FCP extends its appreciation to Robert Given and Zachary Sackley of CBRE, who represented the seller, and Charles Crapse and Denny St. Romain of CBRE, who sourced the acquisition loan. Wells Fargo provided financing for the acquisition.
“We believe FCP’s ability to close deals like ARIUM Sunrise in today’s market speaks to our depth of conviction and broad strategic partnerships,”Gago added. “We’re not just active—we’re growing, and we’re ready to deploy more capital into the right opportunities.”

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IRVINE, CA – The Bascom Group has bought Highridge Apartments, an irreplaceable 257-unit value-add apartment community in the highly desirable coastal community of Ranchos Palos Verdes, California. The buy price was $127,000,000 or $494,163 per unit. Annie Rice and Jamie Kline of JLL Capital Markets arranged the debt financing for the acquisition, while AXA Investment Managers US Inc. provided the acquisition loan. The JLL Investment Sales team led by Blake Rogers and Kevin Sheehan represented the seller. AMC will provide property management services for the community and SD-Cap will manage the plotted property renovations.
Highridge Apartments is an institutionally owned, 1972-vintage property that has undergone significant upgrades over the years, including new in-unit washers and dryers and enhanced amenities. Residents at Highridge Apartments delight in a home-like living experience uncommon in the South Bay rental market. The spacious units average 1,157 square feet—21% larger than the submarket average—and include 28 loft-style residences with soaring ceilings. The community boasts an attractive unit mix, ample parking, and numerous amenities, including two pools and spas, two fitness centers, a tennis court, and a clubhouse. Located along Highridge Road, the community is just minutes from stunning ocean views and premier shopping and dining.
Bascom plans to further elevate the property by renovating unit interiors to a Class “A” standard and enhancing amenities to make a more resort-style living experience. Julie Schoenbachler, Senior Vice President of Operations for Bascom, states, “Our focus is on making smart, strategic upgrades that will improve the resident experience while increasing the property’s long-term value. With these targeted improvements, we are ensuring Highridge remains a top choice for residents who want space, convenience, and a modernized community.”
Highridge Apartments stands apart as one of only three multifamily communities with over 100 units in Rancho Palos Verdes, a highly sought-after coastal enclave known for its scenic beauty, tranquil atmosphere, and exceptional quality of life. The city boasts Los Angeles County’s #2 ranked school district and an average annual household income of $236,000, attracting a highly educated, high-income demographic. Surrounded by multimillion-dollar homes and facing significant housing supply constraints, Highridge presents a rare investment opportunity in a market with strong and sustained housing demand.
Chad Sanderson, Senior Principal at Bascom, added, “Highridge Apartments is located in a highly competitive market with one of the tightest vacancy rates in all of Los Angeles County. We are pleased to have brought this unique deal to a successful close.”
Bascom has been one of the most active apartment buyers in Southern California since its inception in 1996, partnering with institutional and private capital. To date, Bascom has bought 96 multifamily properties and 15,948 units in Southern California, with 40 of those properties and 6,092 units located in Los Angeles County. Joe Ferguson, Acquisitions Manager for Bascom, added, “Few opportunities of scale ever arise in coastal Southern California, and nearly none in Rancho Palos Verdes. We are excited to convert on this truly generational opportunity.”

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