The Nashville-area multifamily market remains strong, with tenants still seeking apartment units throughout the region.
That was the big takeaway from the Nashville Multifamily Summit held by Midwest Real Estate News Sept. 4 at the Renaissance Nashville Hotel.
The event featured the biggest names in Nashville’s multifamily sector and plenty of opportunities for area brokers, developers and other CRE professionals to network and mingle.
Panelists said that while demand for Nashville-area multifamily units has slowed slightly, it remains strong, while vacancies are still low. Panelists also predicted an even stronger market in the coming months.
This year’s summit kicked off with the Nashville Multifamily Market Outlook panel, which focused on the bright times ahead for this busy city’s apartment market. Speaking on the panel were Monroe Stadler, Director of Acquisitions, Freeman Webb; Matt Evans, Senior Director of Development, Greystar; John Cannon, Executive VP, Commercial Real Estate Manager, Pinnacle Financial Partners; Matthew Robinson, Principal, MRP Realty; Tarek El Gammal, Executive Managing Director, Multifamily Capital Markets, Newmark; and Clayton Williams, Director, Investments, Carter-Haston.
Speaking on the Development, Construction, Design & Property Management Trends panel were Bryan Jacobs, CEO, Bristol Development Group; Jason Breden, VP and Director of Nashville Operations, McShane Construction Company; Kyle Verhasselt, Senior VP of Acquisitions, Origin Investments; Brad Lutz, Managing Principal – Chicago + Practice Leader Multifamily, Baker Barrios; and Keith Randall, Shareholder, Winstead PC.
