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General Services Corp Purchases MultiFamily Asset From Starlight Investments For $106 Million

Property Image
SOLD
$106,000,000

Tennessee

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MultiFamily
Sold 01/08/2026
the dealdetailscomps
Property Image
SOLD

General Services Corp Purchases MultiFamily Asset From Starlight Investments For $106 Million

2007 Knoll Top Lane

See Similar Deals
MultiFamily
Sold 01/08/2026
the dealdetailscomps

Summary

TENNESSEE
Asset Type:MultiFamily
Transaction Type:Sale

The asset involved in this transaction is a multi-family property located at 2007 Knoll Top Lane in Franklin, TN. It consists of 328 units and was sold for $106,000,000, resulting in a price per unit of $323,171.

Summary of transaction details:

  • Property Type: MultiFamily
  • Transaction Amount: $106,000,000
  • Buyer: General Services Corp.
  • Seller: Starlight Investments
  • Units: 328
  • Price Per Unit: $323,171
  • Loan Amount: $63,000,000
  • Property Developed By: Middleburg Communities
  • Previous Sale Price: $82,900,000
  • Previous Buyer: Starlight Investments
  • Previous Sale Year: 2022

The buyer, General Services Corp., secured a loan of $63 million from Newmark to facilitate the acquisition of the complex known as The Paxton Cool Springs. The sale marks a significant transaction in the multi-family market, reflecting the involvement of various parties in the ownership transition from Starlight Investments to General Services Corp.

Players

Starlight Investments
Starlight Investments
SELLER

Details

SOLD
IMAGE: 01/08/2026 ADDRESS: 2007 Knoll Top Lane MARKET: Franklin, TN ASSET TYPE: MultiFamily BUYER: General Services Corp. SELLER: Starlight Investments SALE PRICE: $106,000,000 UNITS: 328 ~ PPU: $323,171 NOTE: General Services paid $106 million for The Paxton Cool Springs, with a $63 million loan from Newmark; Starlight Investments was the seller. The complex was developed by Middleburg Communities and sold to Starlight in 2022 for $82.9 million.

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