IMT RESIDENTIAL EXPANDS TENNESSEE PORTFOLIO WITH THE ADDITION OF IMT GERMANTOWN

SHERMAN OAKS, CA. September 6, 2018 — Today, IMT Residential, a leading nationwide apartment operator, together with its affiliate IMT Capital, LLC, a private real estate investment firm, announced the acquisition of IMT Germantown in Nashville, Tennessee.

 

IMT Germantown is comprised of 276 studio, one- and two-bedroom apartment homes located in the historic district of Germantown in Nashville, Tennessee. Each home includes interior amenities like fully equipped gourmet kitchens with quartz countertops, in-home washer/dryers and Nest thermostats. IMT Germantown truly encapsulates the atmosphere of Music City with an elite rooftop sky lounge and entertainment venue and a songwriter’s room. Residents can also relax with the community’s saltwater resort-style pool, fitness center and Pilates/yoga studio.

 

“Nashville is an exciting submarket because of the continuous growth the city has been experiencing. Our team has had success in this region and IMT Residential is excited to continue our presence in Nashville with the addition of IMT Germantown,” said Joseph Elhabr, Vice President, IMT Residential. 

 

With close proximity to Downtown, IMT Germantown gives residents an easy commute and all the best that the greater Nashville area has to offer. Just outside their doors, residents can explore boutiques and restaurants that line the Victorian inspired streets of Germantown and take part in the Nashville Farmers’ Market for seasonal produce.

 

About IMT Residential

IMT Residential is a Los Angeles based privately held full-service operator of multi-family residential communities. The company currently manages over 18,000 residential units and 50+ communities in seven U.S. states. Founded in 1992, IMT Residential has been recognized on the lists of Top 50 multifamily firms nationally by the National Multi-Housing Council (NMHC) and Multi-Family Executive Magazine and is also recognized by the United States Green Building Council for their LEED for Homes construction projects. Additional information on IMT Residential can be found at imtResidential.com.

 

About IMT Capital

IMT Capital, LLC is a private real estate investment firm based in Los Angeles, CA, with offices in San Francisco, CA, Miami, FL and Austin, TX. The company’s principals have made investments in excess of $4 billion in value since 1992. The company is a specialized manager concentrating in multifamily opportunities in major U.S. markets. Additional information on IMT Capital can be obtained by going to imtCapital.com.

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