5th & Main Condo Project loses crucial FHA backing
August 7, 2009 by admin · 6 Comments
This article entitled “5th & Main loses crucial FHA backing” appeared in the Nashville Business Journal on August the 7th, 2009. The author is Jenny Burns: “East Nashville’s 5th & Main condo project has lost its prime source of financing for its buyers - the latest snag for the troubled downtown project. The U.S. Department [...]
The Rhythm Sues Cash Strapped Buyers
June 30, 2009 by admin · Leave a Comment
This article entitled “Rhythm developer latest to sue would-be buyers” appeared in the Nashville Business Journal on June 30th, 2009. The writer is Turner Hutchens: “The Rhythm at Music Row has become the latest new Middle Tennessee condo development to sue buyers who try to back out of their purchases. Rhythm Partners LLC, the Brentwood-based [...]
5th and Main Condos in Nashville Survive
June 13, 2009 by admin · 1 Comment
It is rumored that the 5th and Main condos in Nashville have endured receivership and will be placed back on the market any day. From what I understand, Wachovia Bank continues to be involved in the project as the primary construction lender and has actually already resumed construction in phase II (someone send me a [...]
Rolling Mill Hill to Enter Receivership
June 4, 2009 by admin · 10 Comments
It is not my habit to speculate, although I have privately for some time, that the Rolling Mill Hill project is going to enter receivership, but I have it on good accord that this will come to pass. Should this project enter receivership, it will be the third condo development in Middle Tennessee to [...]
5th and Main Condos are Taking Offers
March 18, 2009 by admin · 1 Comment
In case anyone is interested in picking up a Nashville condo on the cheap, the 5th & Main condo project is now taking offers. What do I mean by offers? I mean that the entire project has been taken back by the bank and the bank wants to sell off the remaining condos as fast as [...]
First Major Condo Project Is Seized
February 5, 2009 by admin · 5 Comments
This article entitled “Fifth & Main condos seized for unpaid debts; Wachovia wins court order for receiver” appears in The Tennessean on February 5th, 2009. This article was written by Randy McClain: Wachovia Bank won a court order Thursday appointing a receiver to take control of the Fifth & Main condo project after its owners [...]
Grant Hammond, Broker, ABR, SFR, ePRO is a multiple award winning real estate broker and owner of Metropolitan Brokers, LLC in Nashville, TN. With career sales exceeding $285 million, Hammond places in the top 5% of real estate brokers nationally. Hammond is well known for exemplary personal service, consummate professionalism and a resolute commitment to his clients in the pursuit of fulfilling their real estate goals. Having represented more than 100 individual clients in just the past 3 years, he has the expertise, market knowledge and skill to understand the full scope of his clients' requirements - business and personal – to design a successful plan with every aspect in mind. 
