Nashville, TN

Nashville, like many major cities in the U.S., is experiencing a transition period, which is influenced by interest rate hikes and unsustainable inflation/escalation.

After years of continued hot streaks, the iron is not as hot in the Multifamily/Residential sector, as rent growth has stabilized with increased vacancy from over supply. There are many reasons to remain optimistic for Nashville and the state of Tennessee with the following projects in construction, design or planned: LG Chem’s $3 billion EV battery plant in Clarksville, Vanderbilt University’s $1 billion campus projects, Ford’s $5 billion battery plant in Memphis, Oracle’s $5 billion planned new riverfront campus, and the new $2 billion Tennessee Titans stadium.

* Other structures include religious buildings, amusement, government communications, and public recreation projects.