Nashville Business Journal: “The secret’s out:” Nashville’s popularity hits new peak in national real estate survey

September 19, 2019

A benchmark national survey has found that the real estate industry — and its financial backers — has never been more confident about Nashville than right now.

And that’s saying something, considering the “It City” streak Nashville’s been riding.

Nashville’s popularity soared to its highest-ever perch in the latest edition of a study compiled by PwC and the Urban Land Institute, released on Thursday. This is the 41st year the firms have conducted the survey. They solicited the thoughts and opinions of 2,200 investors, developers, lenders, brokers, lawyers, architects and others involved in commercial and residential real estate.

That group ranked Nashville as the third-best place for investment and development in 2020, out of 80 U.S. markets. Put another way, more people are demanding to swig more of the region’s Kool-Aid — fueling expectations that the current crop of 30-plus tower cranes in the sky will grow.

Read the full article from the Nashville Business Journal.