Madison Communities has secured a $24.7 million construction loan to build 79 three-bedroom, build-to-rent townhomes at 325 W. Trinity Lane in East Nashville. Construction is scheduled to begin in February 2026, with the developer targeting a fall 2027 delivery and in-house management once the community opens.
As reported by Yield PRO, First Financial Bank is providing the construction financing for the project, which is called Madison Trinity. Plans call for townhomes with private entrances, modern interior finishes, and resident-exclusive outdoor space, with Benco Construction, Madison's in-house general contracting arm, leading the work.
In materials shared by the developer, Madison Communities cast the loan as proof it can still move projects forward in what it described as a tighter capital market. Executive Managing Director Ross Rabun said the deal "proves we have the right team and local expertise to execute at a high level," and President McCarley Davis called Madison Trinity "a natural extension of our development strategy." Madison Capital Group also posted the announcement on its LinkedIn page, underscoring the project’s place in the company’s broader development pipeline.
What It Means For East Nashville
Madison Trinity is planned for a pocket of East Nashville that developers and renters have been eyeing for more spacious options without the costs of ownership. Industry outlets have noted that the site’s proximity to job centers, retail corridors, and regional transportation routes is expected to make the townhomes appealing to young families, professionals, and downsizers.
Blue Vault highlights Madison Trinity as part of rising build-to-rent activity across Sun Belt metros, with this East Nashville project adding to that momentum.
Ownership, timeline and design
Industry coverage indicates the asset is owned by Madison Trinity Investors LLC alongside Madison Capital Multifamily Opportunity Fund LLC, according to AltsWire. The developer says construction crews are expected to break ground in February 2026, with a fall 2027 completion target. After delivery, Madison Communities plans to manage the community through its in-house operations team.
Why the financing matters
The $24.7 million construction loan signals continuing institutional interest in build-to-rent housing, even amid broader funding pressures. Madison has been active in the Nashville market, and Multi-Housing News reported the company completed a nearby development in October 2025.
The firm is leaning on its vertically integrated platform to move Madison Trinity from planning to construction, using in-house development, construction, and management to push the townhome project forward despite the tighter capital environment described by the company.
