NASHVILLE-As reported by Davidson County property records, a multifamily property in South Nashville has changed hands for $14.7 million. Palatine Capital Partners, trading as PAL MF Nashville LLC, has sold the Residences at Stonebrook, an apartment complex consisting of 320 units at 121 Hickory Trace Road, for over $46,000 per unit.
The apartment community was purchased by New York-based Bluerock Real Estate. Palatine bought the property in May 2010 for $7 million. For the full story, go to Nashville Business Journal .
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