Tomorrow, Thursday, November 10 at 10:00 a.m. PDT, Meridian’s executive management team goes live with its Q3 2022 Webinar. During the event, we’ll discuss the state of the single-family build-to-rent market; share how Memphis is fairing and what our leasing team is seeing; update you on the progress being made at Ford’s BlueOval City, and preview two new subdivisions currently under construction. During the call, we’ll also unveil a new incentive program designed to enhance investor returns, as well as a new loan program being offered exclusively to Meridian investors. The program is designed to help well-qualified investors secure much lower interest rates than currently available to those seeking conventional financing for their investment purchases.
To register for the event, click here.
Astoria Development Breaks Ground on $150-Million Mixed-Use Project in Millington, TN
On Oct. 27, Astoria Development, our joint venture with one of the Memphis area’ largest land developers, held a groundbreaking ceremony for Astoria Square. This $150-million mixed-use project will be the first of its kind in the city’s history. The event drew more than 150 attendees, including high-ranking government officials, the local development board, civil servants, community partners, corporate executives, and citizens of Millington. Once complete, the project will feature 446 residential units, almost 65,000 sq. ft. of commercial space, and a public square to host community events – all within commuting distance of Downtown Memphis and BlueOval City.
Click here to read the press release or on the links below to watch news coverage of the groundbreaking:
https://www.actionnews5.com/2022/10/27/150-development-project-millington-celebrates-groundbreaking/
https://www.localmemphis.com/video/money/business/millington-leaders-break-ground-on-new-mixed-use-astoria-square-development/522-e65f8407-796b-40ed-ac97-5e02abe84b26
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