Starwood Capital Group, a global private investment firm, announced plans this week to begin construction in the coming weeks on a mixed-use multifamily community in the Edgehill neighborhood of Nashville, in partnership with Crescent Communities.
The project is located in an opportunity zone, as defined by the 2017 Tax Cuts and Jobs Act.
Crescent Communities and development partner Pearl Street Partners purchased the 2.9-acre property in January this year.
Starwood Capital Group has raised over $45 billion of equity capital, and currently has in excess of $60 . . .
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