Final Foreclosures for Rhythm at Music Row

August 31, 2011 by admin · 8 Comments 

Next week the remaining developer owned condos in the Rhythm at Music Row will foreclose. This foreclosure will mark the end to a rather unconventional chapter for downtown Nashville high-rises and usher in a new, more welcomed chapter that will see market forces driving value. On Tuesday, September 6th, Cadence Bank and Pinnacle Bank will [...]

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 [...]

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 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 [...]

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 [...]

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 [...]

Downtown Nashville Condo Update

March 6, 2009 by admin · 14 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, [...]