Rhythm at Music Row 2010 Condo Sales Recap

January 6, 2011 by admin · Leave a Comment 

While it may seem that the Rhythm at Music Row flies under the proverbial radar, the developer has quietly sold 55% of the project’s 105 residential condos. Feeding off the popularity of the Gulch, the Rhythm sold 26 developer owned condos in 2010 compared with 32 in 2009. This leaves the project with 47 units [...]

Icon in the Gulch 2010 Condo Sales Recap

January 4, 2011 by admin · Leave a Comment 

Despite a sluggish national real estate economy, the Icon in the Gulch continued to outpace all other condo developments in Nashville by closing 75 condos during 2010. Selling 1.44 condos a week may not sound impressive, but trust me, it’s a little like Vince Young throwing for 350 yards against the Patriots in December. The [...]

Nashville Condo Prices and Closings Q3 2010

November 2, 2010 by admin · 1 Comment 

Condo closings in the third quarter did not fall nearly as far as many predicted, but the number of closings did slide 34.34% lower than the previous quarter (824 closings in Q2 to 541 closings in Q3). As with most market analysts, I believe the second Federal Housing Tax Credit compressed 2010 condo purchases into [...]

Nashville Condo Prices and Closings Q2 2010

September 2, 2010 by admin · Leave a Comment 

As expected, Q2 2010 condo prices and closing volume increased rather significantly over the first quarter. This fact can be directly attributed to the expiration of the second Federal first-time homebuyer’s tax credit. Nearly all new construction high-rises benefited during this period, but none as much as the Icon in the Gulch which nearly doubled [...]

Terrazzo, Rhythm and Encore Condo Closings 2010

August 26, 2010 by admin · 6 Comments 

This Nashville tax record analysis for 2010 condo sales was assembled to satisfy a large developer’s due diligence in the Nashville condo market. Only closings from the Terrazzo in the Gulch, the Rhythm at Music Row and the Encore in SoBro were considered. If you are a condo/multi-family developer, distressed asset fund, investor or bank [...]

Q1 2010 Nashville Condo Closings

April 15, 2010 by admin · 4 Comments 

Below are the vast majority of the condo closings in the following areas of Nashville: 1) the downtown core, 2) the Sobro region, 3) the Gulch, 4) midtown and 5) the east bank. I have only considered condo projects that were completed after 2006 and contain more than 60 total units. I have excluded condo [...]