Madison Communities Breaks Ground on BTR Townhomes in Nashville

Madison Communities has broken ground on Madison Trinity, a 79-unit build-to-rent townhome community in Nashville, Tenn., marking the company’s first BTR project.

The groundbreaking brought together leadership from Madison Communities, Madison Capital Group, and general contractor Benco Construction. The project is the company’s first BTR community, representing an expansion into the sector and continued investment in Nashville submarkets.

The property is owned by two retail funds: Madison Trinity Investors LLC, launched in December 2024 with an approximate $9 million fundraising target, and Madison Capital Multifamily Opportunity Fund LLC, launched in October 2021 with a maximum offering size of $80 million.

“Nashville continues to be a high-growth market with strong fundamentals, and Madison Trinity is well-positioned to meet that demand,” said Ross Rabun, executive managing director of Madison Communities. “The property offers convenient access to downtown while providing a more suburban, neighborhood-oriented living experience, which we believe resonates with today’s renters seeking both connectivity and space.”

Madison Trinity is part of Madison Communities’ development pipeline. Construction is underway, with the first units projected to deliver in spring 2027 and full project completion estimated for fall 2027. The project is located at 325 W. Trinity Lane.

Previously reported by AltsWire, Madison Commercial – the retail development arm of Madison Capital Group – named Joshua Hamby as executive managing director, tapping him to lead the firm’s retail expansion across the Southeast and Mid-Atlantic regions.

focused on developing, owning and operating apartment and build-to-rent communities across markets in the Southeastern United States. The platform includes 29 operational properties and seven under construction, across six states.

Madison Capital Group Holdings, headquartered in Charlotte, N.C., is a vertically integrated real estate investment and development firm with approximately $4 billion in assets under management. The firm acquires, develops and operates multifamily, self-storage, recreational storage, marina and commercial real estate assets nationwide.

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