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American Landmark forms JV with BGO for second multifamily acquisition outside Nashville
Transactions - MARCH 21, 2022

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American Landmark forms JV with BGO for second multifamily acquisition outside Nashville

by Released

American Landmark Apartments has entered a joint-venture partnership with BentallGreenOak (BGO), to acquire Vantage at Murfreesboro. Located in Murfreesboro, Tenn., a suburb of Nashville, the newly built multifamily apartment community will be renamed The Edge.

It is American Landmark’s fifth apartment community in Tennessee and second joint-venture acquisition with BentallGreenOak. In September 2021, the joint venture acquired the Parc at Murfreesboro, a new 359-unit community in the same city.

“The population in Tennessee is at an all-time high, making a significant demand for high-quality apartments with a wide range of amenities,” said Christine DeFilippis, CIO of American Landmark. “On top of this, the cost of living in this area is relatively low, making it a popular place for people to live, and there is a large cluster of healthcare companies in this city driving job growth.”

Built in 2020 and located at 3833 Manson Pike Road, The Edge offers

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