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Griffin Capital Company Breaks Ground on Tennessee Multifamily Development

Griffin Capital Company Breaks Ground on Tennessee Multifamily Development. Alternative investments, commercial real estate, CRE, Griffin Capital, investment, multifamily, real estate

Griffin Capital Company LLC, a private real estate investment manager and sponsor of opportunity zone funds, together with their joint venture partner Mill Creek Residential, a privately held national real estate developer, broke ground on Modera Nations, a 396-unit multifamily development in Nashville, Tennessee.

The site is located in The Nations, one of Nashville’s hottest up and coming neighborhoods located six miles west of Downtown Nashville, and is adjacent to the Cumberland River, providing direct waterfront access to the Nashville Greenway hiking trails. As a result, future residents will have incredible views of the river as well as the Downtown Nashville skyline.

Griffin says the community will offer a mix of studio through three-bedroom units and feature a variety of resident amenities, including a resort-style pool, a fitness center, two-lane bowling alley, co-working space, and a spa with saunas and a cold-plunge.

“Modera Nations will be an excellent addition to the Nations neighborhood, creating new housing to meet the surging resident demand and expanding restaurant, retail, entertainment, and outdoor recreation amenities. This property is Griffin Capital’s third multifamily community to commence construction in Nashville. This development is our second development joint venture with Mill Creek, the third largest multifamily developer in the nation, and we are thrilled to expand our relationship with their team,” commented Eric Kaplan, president of Griffin Capital.

Founded in 1995, Griffin Capital has owned, managed, sponsored or co-sponsored investment programs encompassing more than $23 billion in assets.

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