Crescent Starts Work on 313-Unit Nashville Rental Community
Why this matters
Mixed-use is where the most interesting urban repositioning is happening. Office-to-residential conversions in Manhattan, Washington, and Philadelphia have moved from pro-forma exercises to closed transactions, and walkable suburban densification is drawing patient capital with longer hold periods than the traditional core or value-add fund structures support. Nashville continues to absorb meaningful multifamily and mixed-use development. Hospitality has been a standout performer through the cycle. For allocators, mixed-use offers exposure to multiple property types within a single basis, which has become attractive as monoline sector forecasts have widened.
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On the RET wire
- The sixth Nashville story tracked on the wire in September 2026. All Nashville coverage →
- Disclosed mixed use deal value tracked in September 2026: $678.5M across 5 reported transactions. All Mixed Use coverage →
Computed from Real Estate Trail’s own tracked coverage
Crescent Communities is developing NOVEL oneC1TY, a new 313-unit residential community planned for oneC1TY, the mixed-use destination at the intersection of I-440 and Charlotte Avenue in West Nashville. Upon completio…
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