redIQ Deal Highlight: GVA Real Estate Acquires Timberlake Village
redIQ Deal Highlight: GVA Real Estate Acquires Timberlake Village
redIQ would like to congratulate the team at Texas-based GVA Real Estate for finalizing the acquisition of Timberlake Village in Antioch, Tennessee, a neighborhood of Nashville. The property, built in 1986, was purchased from The Michelson Organization in a deal brokered by CBRE. GVA received financing from Walker & Dunlop.
During the pandemic, Nashville has become a popular destination for office workers and others departing expensive markets like New York City and San Francisco. The city has also recently attracted major employers. Tech giant Amazon has a substantial and expanding presence in the city, and asset manager AllianceBernstein began relocating its headquarters to Nashville from Manhattan in 2018. Timberlake Village was GVA’s most recent multifamily acquisition in the Nashville area. The company purchased several other properties toward the end of last year.
About redIQ
Since 2012, redIQ has led in the multifamily analytics and underwriting software space. Six of the top ten acquisitions teams and eight of the top ten brokerages rely on redIQ daily. Every year, more than 30% of all multifamily transactions pass through the platform. Our platform allows CRE professionals to extract and standardize data from deal financials instantaneously, gain deep insights into every property, and generate a comprehensive underwriting, with our model or their own. Our robust set of features includes floor plan summaries, cash flow analysis, hyperlocal comp sets, easy deal sharing, preset assumptions underwriting templates, and more. redIQ will always provide better insights and faster underwriting. These empower our users to make smarter investment decisions.
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