Related Cos Acquires Madison Multifamily Property In Nashville For $40.2M

Global real estate firm Related Cos., known for its involvement in projects like Hudson Yards in New York City, has acquired a multifamily apartment complex in Madison, TN for $40.2 million. The property, located at 333 Rio Vista Drive, spans across 21 acres. The transaction took place on 10/03/2023.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $40,200,000
• Address: 333 Rio Vista Drive
• Market: Madison, TN
• Buyer: Jeff T. Blau - Related Cos
• Seller: Gregory Perlman - GHC Housing Partners

Jeff T. Blau, a representative of Related Cos., was the buyer in this transaction. Gregory Perlman, a representative of GHC Housing Partners, was the seller. This acquisition adds to Related Cos.'s diverse portfolio and further showcases their presence in the real estate market.