Freeman Webb Company is shifting its focus to strong growth markets in the Southeast and its hometown of Nashville, Tennessee. As part of this strategy, the company has exited the Midwest by selling The District Apartments in St. Louis for $54.75 million, nearly three times its original purchase price. This move aligns with their goal of expanding in Middle Tennessee and the Southwest, capitalizing on favorable demographics. The firm has had a successful year, adding over 1,700 units in Nashville and 300 in Chattanooga, with significant renovations and new developments underway across multiple communities.

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