The Grove at Trinity Pointe (Memphis, TN)

Worthington Hyde Partners acquired a 464 unit garden apartment property from Gables Residential in the Cordova submarket of Memphis, TN. The property was built in 1984 using tax exempt municipal bonds which Worthington Hyde Partners assumed in the transaction. Worthington Hyde Partners invested an additional $2M+ in capital enhancements to reposition the property. The property is currently managed by RAM Partners.

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