redIQ Deal Highlight: Greystar Management Acquires The Overlook Apartments
redIQ Deal Highlight: Greystar Management Acquires The Overlook Apartments
redIQ would like to congratulate the team at Greystar Management for finalizing the acquisition of The Overlook Apartments in Antioch, Tennessee, a part of the Nashville market, for $73 million. Greystar purchased Overlook Apartments from Passco Companies, which was represented by CBRE. The community was completed in 1998.
Nashville has experienced a surge in popularity as a destination for office workers moving during the pandemic. Another recent purchase in the area is Texas-based GVA Real Estate’s acquisition of Timberlake Village, also located in Antioch.
About redIQ
Since 2012, redIQ has led in the multifamily analytics and underwriting software space. Six of the top ten acquisitions teams and eight of the top ten brokerages rely on redIQ daily. Every year, more than 30% of all multifamily transactions pass through the platform. Our platform allows CRE professionals to extract and standardize data from deal financials instantaneously, gain deep insights into every property, and generate a comprehensive underwriting, with our model or their own. Our robust set of features includes floor plan summaries, cash flow analysis, hyperlocal comp sets, easy deal sharing, preset assumptions underwriting templates, and more. redIQ will always provide better insights and faster underwriting. These empower our users to make smarter investment decisions.
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