Cushman & Wakefield has arranged the sale of The Ridge at Hamilton Crossing, a 353-unit apartment community in Maryville, Tennessee.
Jimmy Adams and Craig Hey of Cushman & Wakefield represented the seller, who was affiliated with Tynes Development Corporation, in the transaction.
StoneRiver, an investment company that has invested more than $1 billion in assets across the Southeast, acquired the property. This is StoneRiver’s first acquisition in Fund II and StoneRiver Property Management will be responsible for management.
Constructed in 2015 and 2018, The Ridge at Hamilton Crossing is situated in a premier submarket that features upscale retail, highly ranked schools and jobs centers. Amenities include a car care center, cyber café, designer clubhouse with gourmet kitchen, EV charging stations, sundeck, fire pit area, fitness center, park bark, swimming pool, resident lounge and outdoor grilling stations.