Terrazzo, Rhythm and Encore Condo Closings 2010

August 26, 2010 by admin · View 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 · View 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 · View 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 · View 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 · View 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 · View 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 · View 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.   Buying a condo in downtown Nashville can be a good investment [...]

Downtown Nashville Condos Sold in 2009

April 5, 2009 by admin · View 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 [...]

Downtown Nashville Condo Update

March 6, 2009 by admin · View Comments 

This article entitled “Condos face crucial test” appeared in the Nashville Business Journal on March the 6th, 2009. The author is Turner Hutchens:   More than a thousand new luxury condos in downtown Nashville seemed like a good idea at the time.   That was just a couple of years ago, and despite the housing, [...]

The Encore Discounts Condos, Deeply

November 24, 2008 by admin · View Comments 

I suppose I knew it was inevitable, but somehow it still hurts. Developer Tony Giarratana has announced deep discounts on their remaining condos in the Encore. From Chas Sisk and the Tennessean on November 24, 2008: “…Tony Giarratana and partner Novare Group plan to offer deep discounts on units in their Encore condominium high-rise on [...]

Property Management for The Encore Condos

April 13, 2008 by admin · View Comments 

I just wanted to remind everyone that I have negotiated a bulk management discount with Summit Property Management to manage our group’s condos at the Encore. Summit will be charging us 8% of gross monthly rent and a $35 account management fee. Please call or email Cory Willms with Summit Property Management to confirm your [...]

Financing the Encore Condos for Self-Employed Buyers

April 12, 2008 by admin · View Comments 

For self-employed borrowers, SunTrust has an option that will help meet the need to obtain financing without having to go full documentation in The Encore. I would like to introduce the No Income Verification option. Below are some of the benefits and features of this product: – Eliminates verification of income- Shorter processing time This [...]