EMBREY has closed on financing for construction of a 350-unit multifamily community Cantara at Legacy Pointe in Spring Hill, Tennessee, in the Maury County submarket south of Nashville, known for its family-friendly blend of residential, retail and commercial ambiance integrated into the rural and historical Middle Tennessee landscape.
Cantara at Legacy Pointe will feature a private clubhouse, a Wi-Fi lounge with conference room and micro-offices to support remote work, a resort-style swimming pool with private cabanas and outdoor grilling areas, a game room with billiards, a shaded paw park with water feature and an adjacent paw spa, a fitness center with yoga studio, 24/7 secured package room with refrigeration and storage closets available for rent.
Interiors will feature wood-style vinyl floors, quartz countertops, stainless steel kitchen appliances, washers and dryers, double-vanity sinks, built in desks, glass-enclosed showers and keyless entries.
“EMBREY is known for its commitment to design and detail and building livable spaces where people want to be,” said Brad Knolle, Executive Vice President of Development for EMBREY. “We have a positive track record nationwide for tasteful integration into master-planned communities like SouthStar’s Legacy Pointe and are proud to join the community.”
Kennedy Wilson, a leading real estate investment company, provided financing for the project.
“SouthStar had its choice of multifamily developers who could help define the sense of community at Legacy Pointe,” said Glenn McGehee, SouthStar President. “We chose EMBREY because of our long standing relationship and past partnerships. SouthStar is honored to be working with EMBREY again and looks forward to seeing Cantara at Legacy Pointe.”
“The financing of EMBREY’s Spring Hill project represents an expansion of Kennedy Wilson’s debt business into the Nashville metro area and a continuation of our commitment to partner with top-tier sponsors in building best-in-class multifamily communities across the country,” said Thomas Whitesell, Head of the Debt Investment Group at Kennedy Wilson. “We are thrilled to support EMBREY in developing this well-designed and highly amenitized community that offers unique walkability to local retail and restaurants. We are confident this project will be well-received once complete, helping to fulfill growing demand within a market experiencing explosive growth.”