# TriGate and Advent Form Strategic Partnership to Develop Single-Family Homes in Nashville, TN — TriGate Capital By TriGate Capital. Published 2019-10-23. > DALLAS, TEXAS – Dallas-based TriGate Capital, LLC (“TriGate”) is a leading real estate investment manager focused on the recapitalization and repositioning… [![TriGate Capital](https://www.trigatecapital.com/site-assets/logo-white.svg)](https://www.trigatecapital.com/atlas.html)Firm [Overview](https://www.trigatecapital.com/atlas-about.html)[Our people](https://www.trigatecapital.com/atlas-team.html)[Careers](https://www.trigatecapital.com/atlas-careers.html) Approach [Investment philosophy](https://www.trigatecapital.com/atlas-strategy.html)[Investment platforms](https://www.trigatecapital.com/atlas-vehicles.html)[Retail](https://www.trigatecapital.com/atlas-retail.html)[Residential](https://www.trigatecapital.com/atlas-residential.html)[Industrial](https://www.trigatecapital.com/atlas-industrial.html) [Investments](https://www.trigatecapital.com/atlas-portfolio.html)[News](https://www.trigatecapital.com/atlas-news.html)[Contact](https://www.trigatecapital.com/atlas-contact.html)[Existing partners](https://www.trigatecapital.com/atlas-investors.html)[in](https://www.linkedin.com/company/trigate-capital-llc/) [Home](https://www.trigatecapital.com/atlas.html)/TriGate and Advent Form Strategic Partnership to Develop Single-Family Homes in Nashville, TN Residential # TriGate and Advent Form Strategic Partnership to Develop Single-Family Homes in Nashville, TN Oct 23 2019 DALLAS, TEXAS – Dallas-based TriGate Capital, LLC (“TriGate”) is a leading real estate investment manager focused on the recapitalization and repositioning of commercial real estate assets and companies. Through TriGate Property Partners III, L.P. (“Fund III”), TriGate has committed $20 million to a newly formed joint venture with Advent Capital. The joint venture will identify and develop for sale residential communities and homes across the Nashville MSA. TriGate and Advent recently closed on the land for its first investment, a 32-unit community in East Nashville that will begin construction later this month. Advent Capital is the development arm of Legacy South, a Nashville based homebuilder founded in 2013 by Bailey Neal and Ben Carter. Together, the Advent and Legacy South companies act as residential developer and general contractor, building homes and communities around Nashville. The companies have methodically worked their way into a market leadership position and are now the third largest infill home developer in the city. “We are pleased to provide growth capital to Advent’s already existing and successful residential business,” said Matt Rooney, Vice President at TriGate. “By partnering with Advent and contracting with Legacy South on the homes, TriGate is teaming up with a best-in-class developer and homebuilder in Nashville, a market that is poised for continued growth.” The joint venture platform is synergistic for both firms. TriGate will gain additional exposure to the single-family asset class in a market that is severely undersupplied, while at the same time Advent will receive capital needed to source new investment opportunities and scale its construction business. Bailey Neal, founder and CEO of Advent, added “We’re extremely excited to be partnering with such a highly reputable firm. This joint venture will provide synergies and allow Advent to continue to capitalize on Nashville’s unique residential development opportunities. We look forward to collaborating with the experienced team at TriGate and growing our business alongside them.” [All news](https://www.trigatecapital.com/atlas-news.html)[Media & general inquiries](https://www.trigatecapital.com/atlas-contact.html) ![TriGate Capital](https://www.trigatecapital.com/site-assets/logo-white.svg) ## Explore [Our firm](https://www.trigatecapital.com/atlas-about.html)[Our approach](https://www.trigatecapital.com/atlas-strategy.html)[Investments](https://www.trigatecapital.com/atlas-portfolio.html)[Our people](https://www.trigatecapital.com/atlas-team.html) ## Connect [Contact the team](https://www.trigatecapital.com/atlas-contact.html)[Careers](https://www.trigatecapital.com/atlas-careers.html)[Existing partners](https://www.trigatecapital.com/atlas-investors.html)[LinkedIn](https://www.linkedin.com/company/trigate-capital-llc/) ## Dallas 1717 Main Street, Suite 2600 Dallas, Texas 75201 [214 220 2274](tel:+12142202274)[info@trigatecapital.com](mailto:info@trigatecapital.com) © 2026 TriGate Capital. 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No optional tracking is enabled here. ## Images & property sources The property tour on the Investments page follows one continuous geographic imagery pyramid from Earth to aerial views of each property area. The photographs in the cards show the actual investments. Green outlines follow visible site and building edges in the aerial imagery. Crossroads highlights both of its buildings; the property photograph shows Building 100. Aerial dates: Florida, 2023; Nolen Farm and Dallas, 2022. The Nolen Farm card uses a newer community photograph. Investment locations are based on TriGate’s closed-deal records across the United States. Property-tour dots match their aerial views. - Homepage video: aerial footage of TriGate investments, provided by TriGate Capital. - [Shops at Wiregrass — property information](https://www.trigatecapital.com/atlas-investment-shops-at-wiregrass.html) Property photography: TriGate Capital. - [Crossroads Distribution Center — property information](https://www.trigatecapital.com/atlas-investment-crossroads-jacksonville.html) Property photography: TriGate Capital. - [Nolen Farm — property information](https://suncrestreal.com/communities/nolen-farm/) Community photography: Suncrest Real Estate & Land. - [Uptown at Cole Park — property information](https://www.trigatecapital.com/atlas-investment-uptown-cole-park.html) Property photography: Uptown at Cole Park official gallery. - Regional imagery: [USGS / The National Map Imagery Only](https://basemap.nationalmap.gov/arcgis/rest/services/USGSImageryOnly/MapServer) (NASA Blue Marble: Next Generation, Landsat and, around Dallas, earlier USDA NAIP), a static composite. Every imagery level is color-matched to the level above it so the zoom stays continuous; regional views are blended toward the Earth map’s colors. - Aerial imagery: [USGS / The National Map and USDA NAIP](https://imagery.nationalmap.gov/arcgis/rest/services/USGSNAIPImagery/ImageServer). - Earth and cloud maps: [Solar System Scope](https://www.solarsystemscope.com/textures/), based on NASA imagery. [CC BY 4.0](https://creativecommons.org/licenses/by/4.0/). Rendered on a 3D globe with animated lighting and clouds.