Alexander J. Jessett Of Camden Property Trust Acquires Harlowe Apartments From Bob Faith For $88.6M

The Harlowe apartment tower, a multifamily asset, is located at 908 Division Street in Nashville's Gulch neighborhood. This 16-story property, developed and sold by Greystar, contains 300 residential units. It was sold for $88.6 million, resulting in a price per unit of approximately $295,333. The property, which opened in 2022, is currently 93.7% occupied, and Camden Property Trust plans to rename it Camden Gulch.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $88,600,000
• Buyer: Alexander J. Jessett - Camden Property Trust
• Seller: Bob Faith - Greystar
• Brokers: Walker & Dunlop
• Units: 300
• Price Per Unit: $295,333

The transaction involved key individuals including Alexander J. Jessett representing Camden Property Trust as the buyer, and Bob Faith representing Greystar as the seller. Walker & Dunlop facilitated the transaction as the brokerage firm overseeing the deal.