Encore Condos in Nashville: Pricing Trend

November 18, 2011 by admin · 3 Comments 

The Encore is a 333 unit, 20 story high-rise condominium building located in a pocket of downtown Nashville called SoBro (South of Broadway). The building delivered in February of 2008 in the face of the greatest economic downturn since the Savings and Loan crisis. Many wondered if the building could survive, if the developers could [...]

YTD Encore Condo Closings 2011

August 8, 2011 by admin · 1 Comment 

With slightly more than half of 2011 complete, the Encore has sold 23 condos totaling just over $5.68 million. Of the 23 recorded sales, 6 are resales (highlighted in blue) and 17 are new developer sales. Of the 6 resales, 2 are foreclosures (green text). The 333 condo Encore development is now 95.8% sold out. There [...]

Nashville’s Encore Condos Expand Closeout Pricing

January 31, 2011 by admin · Leave a Comment 

With only 27 developer owned condos remaining in the 332 unit Encore development, pricing and incentives are being offered to sell the building out by mid-year. The only high-rise condo project in SoBro (south of Broadway district), the Encore is now almost 92% sold out with a few choice one and two bedroom condos remaining. [...]

Encore Condos Holds Open House 12-4-10

November 24, 2010 by admin · Leave a Comment 

The Encore condos sales team is holding what very well may be the last developer open house on December 4th, 2010 from 1 - 4pm. As of November 15th, the Encore has sold 301 of its 333 total condos leaving only 9% of the building available for sale. It is my assumption that new closeout pricing [...]

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 [...]

Encore Condo Developers Pay off Construction Loan

April 15, 2010 by admin · 8 Comments 

In an update to my September 25th, 2009 article about the Encore Condos, I am pleased to tell you that the developers of The Encore have paid off their $63 million construction loan obligation. Led by local developer Tony Giarratana, the Encore has sold remarkably well during what many consider to be recessionary times in [...]

A Few Favorite Nashville Foreclosures & Short Sales

February 19, 2010 by admin · 5 Comments 

For those of you who missed out on the incredible 1 bedroom condo foreclosure in the Encore (the first ever) or the record setting one in the Enclave (all time record), I thought that I might share a couple of my current favorites: Short sale in the Icon in the Gulch – this is one [...]

5 Best Condo High-Rises in Nashville

February 8, 2010 by admin · 23 Comments 

The Adelicia – The finishes, floor plans, design, construction materials and location all speak for themselves in this building. Famous residents like Simon Fuller and Taylor Swift have only added to its reputation (and price). The Terrazzo – The finishes are perhaps the highest end in Nashville, but its Interstate location and lack of views [...]

9 Against, 29 in Favor of New Nashville Convention Center

January 19, 2010 by admin · 5 Comments 

The Metro Nashville City Council has voted 29 to 9 to move forward with funding the new $585 million downtown Nashville convention center also known as the Music City Center. The financing package approved by council tonight allows for a maximum of $650 million. That covers both the price of the project and financing costs such as [...]

Encore Condos Offer Close Out Prices

September 25, 2009 by admin · 17 Comments 

The 332 unit Encore condo building in downtown Nashville is nearly sold out. The owners, Giarratana Development and the Novare Group, have sold nearly 80% of the building and are now in what appears to be the close out phase. Here is the current incentives package for 2 bedroom condos in the Encore: • Prices that now [...]

Buying a Condo in the Encore Condos?

July 13, 2009 by admin · 4 Comments 

If you are thinking about buying a condo in the Encore condos building in the SoBro area of Nashville, you need to speak with me now. If you are buying a condo or loft in any building in downtown Nashville, call me now.   View all Condos for sale in Encore   Buying a condo [...]

Downtown Nashville Condos Sold in 2009

April 5, 2009 by admin · 5 Comments 

This article entitled “Adelicia closing on final units, garners national attention” appeared in the Nashville Business Journal on April the 3rd, 2009. Jenny Burns wrote: “The luxury condominium tower Adelicia will close on its last four units this month after the developer offered deep discounts to sell out the remaining 20 units in the West [...]