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Harpeth Capital Advises on Landmark Nashville Real Estate Transaction

Harpeth Capital is pleased to announce the successful closing of the acquisition of the 47-acre East Bank scrapyard property in Nashville. The property, located along the Cumberland River and widely recognized as a key site in the city’s East Bank redevelopment, was acquired by a venture led by principals David Byerley and Sam Lingo through ARRT Global’s SRE Fund I.  Harpeth Capital served as financial advisor and placement agent for SRE Fund I.

“This transaction underscores Harpeth Capital’s commitment to opportunistically facilitating transformative projects in our hometown of Nashville,” said Chuck Byrge, CEO of Harpeth Capital. “The East Bank redevelopment is one of the most significant undertakings in the city’s history, and we are proud to have supported our partners in securing a property that will play an important role in the city’s future.”

David Byerley, who led the project for SRE Fund I, added: “Closing on the East Bank property represents an important milestone for us. The site’s potential and location neighboring Oracle’s new world headquarters and the new Titans’ stadium make it a cornerstone asset for Nashville’s next phase of growth. We are grateful to Harpeth Capital not only for their guidance, but also for their fundraising efforts that helped make this acquisition come to fruition.”

The acquisition of the East Bank property continues momentum for the broader East Bank redevelopment, which will reshape Nashville’s riverfront with mixed-use development, infrastructure investment, and enhanced community amenities.Please find the press release here, and more below:
• Nashville Post
• Nashville Business Journal
• New Channel 5 Nashville