Comments on: First Major Condo Project Is Seized

By: 5th and Main Condos Boot Renters Out | Nashville Real Estate

5th and Main Condos Boot Renters Out | Nashville Real Estate — Tue, 13 Apr 2010 23:37:33 +0000

[...] 5th and Main fell into receivership in February 2009, its developers had a $36 million outstanding construction loan according [...]

By: 5th & Main Condo Sales Update | Nashville Real Estate

5th & Main Condo Sales Update | Nashville Real Estate — Fri, 18 Sep 2009 21:27:30 +0000

[...] 5th & Main project entered into receivership in February of this year (not foreclosure) and has not emerged since. The possibility that this development may [...]

By: Rolling Mill Hill to Enter Receivership | Nashville Real Estate

Rolling Mill Hill to Enter Receivership | Nashville Real Estate — Sun, 09 Aug 2009 18:11:39 +0000

[...] development in Middle Tennessee to do so since February 5, 2009. The previous two projects were the 5th and Main building in East Nashville and The Braxton project in Ashland City, 25 miles from downtown.People close to [...]

By: The Rhythm Sues Cash Strapped Buyers | Nashville Real Estate

The Rhythm Sues Cash Strapped Buyers | Nashville Real Estate — Sat, 08 Aug 2009 23:05:21 +0000

[...] developments have been put into receivership by lenders. They include the Braxton in Ashland City, 5th & Main in East Nashville and Rolling Mill Hill in downtown [...]

By: 5th & Main Condo Project loses crucial FHA backing | Nashville Real Estate

Fri, 07 Aug 2009 13:42:20 +0000

[...] 5th & Main mid-rise fell into receivership in January. Sales contracts signed prior to that have fallen through, which led to the FHA denial, [...]