Cantor Fitzgerald sells apartments in Nashville
Transactions - JANUARY 19, 2023

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Cantor Fitzgerald sells apartments in Nashville

by Released

Cantor Fitzgerald has sold Rivertop Apartments in Nashville. A sales price was not disclosed.

The sale was facilitated on behalf of investors in Rivertop Apartments, resulting in a total return of 137 percent of their aggregate original investment and an internal rate of return of 12 percent over the approximately three-year hold period.

Completed in 2019, Rivertop Apartments is a 224-unit, class A apartment community featuring elegant interior finishes and an expansive amenity set, including a resort-style pool, 24-hour fitness center and a pet spa. The property is approximately eight miles west of downtown Nashville, along the I-40 corridor, providing accessibility to major employment centers, universities, retail centers and lifestyle amenities.

“Rivertop Apartments is uniquely located on an elevated site with scenic views of the Cumberland River within the vibrant Nashville market,” said Aaron Wessner, a managing director, head of capital markets, Cantor

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