Northmarq’s Nashville Multifamily Investment Sales team completes sale of 21-property affordable housing portfolio

Northmarq’s Nashville Multifamily Investment Sales team led by Jordan Arand successfully completed a 21-property affordable housing portfolio. The properties included 1,088 units across three states:
- Mississippi: 11 properties
- Tennessee: 9 properties
- Texas: 1 property
Northmarq represented both buyer and seller in the transaction.
“This portfolio represented a rare opportunity to transact at scale in the affordable housing space across key Southeastern markets,” Arand said. “Our deep relationship with the buyer, combined with our team’s regional expertise, allowed us to navigate a complex, multi-state closing process and deliver a seamless execution for both parties.”
Northmarq is a full-service capital markets resource for commercial real estate investors, offering seamless collaboration with top experts in debt, equity, investment sales, loan servicing, and fund management. The company combines industry-leading capabilities with a flexible structure, enabling its national team of experienced professionals to create innovative solutions for clients. Northmarq’s solid foundation and entrepreneurial approach have built a loan servicing portfolio of more than $76 billion and a two-year transaction volume of $52 billion. For more information, visit www.northmarq.com.