Western Wealth Capital, FSO buy Tennessee apartment portfolio for $20.73 million

• Western Wealth Capital and FSO Capital Partners acquired a Tennessee apartment portfolio for $20.73 million on October 26, 2026.
• The 192-unit portfolio comprises River City North in Chattanooga and Meadow Creek in Goodlettsville, marking Western Wealth's Tennessee debut.
• Both communities operate under Section 42 Low-Income Housing Tax Credit land use restriction agreements that keep rents below market levels.
• River City North's financing includes an $8.47 million loan at a 6.17% fixed rate with five years of interest-only payments.
• The buyer assumed Meadow Creek's existing $7.79 million mortgage at a 4.6% blended rate.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Western Wealth Capital Management Ltd published the original content used to generate this news brief on October 27, 2026, and is solely responsible for the information contained therein.