From its humble beginnings, East Nashville has played a major role in Music City’s development, says Middle Tennessee real estate developer Scott Sohr. The area, which sits cradled in the Cumberland River, once housed Nashville’s affluent businesspeople. Scott Sohr reports that East Nashville fell almost completely into ruin in the 1970s and its prognosis was grim. [Read more…]
How the Sun Rose on the East: Scott Sohr on East Nashville’s Vibrant Upcoming
October 18, 2013 By Leave a Comment
Interview with Scott T. Sohr
March 11, 2013 By Leave a Comment
Scott T. Sohr
Today the staff of Interviewing Experts talks to Scott T. Sohr, chief manager at Elmington Capital in Nashville, Tennessee. Since the company’s founding in 2010, Scott T. Sohr has been at the helm for a rapid grown curve at Elmington Capital.
Interviewing Experts: Scott T. Sohr, thank you for taking a few minutes to speak with us today…
Scott T. Sohr: It’s my pleasure.
Interviewing Experts: What does Elmington Capital specialize in?
Scott T. Sohr: At Elmington, our specialty is buying and reselling distressed properties on behalf of our investment partners. We turn vacant space into profit for investors.
Interviewing Experts: What’s your track record like?
Scott T. Sohr: It’s been a matter of hundreds of thousands of square feet, in both residential and commercial property. The team at Elmington Capital looked at the real estate downturn of 2008, and visualized opportunity for investors.
Interviewing Experts: What are some of Elmington’s latest transactions?
Scott T. Sohr: Recently, we closed deals on a 72-unit apartment building in Memphis, and three big office buildings in Huntsville.
Interviewing Experts: Do you specialize in the Mid-South, primarily?
Scott T. Sohr: Yes, most Elmington Capital deals have been in Tennessee, Alabama and Kentucky.
Interviewing Experts: To what would you ascribe your success?
Scott T. Sohr: We’ve been able to put together a great team, and that team has built a portfolio that’s just outstanding.
Interviewing Experts: Do you deal in many multi-family buildings?
Scott T. Sohr: Yes, we just invested in several good-sized apartment complexes. Property companies in the apartment and condo business got hit hard after ’08, and we can take those properties and have them make money as apartment rentals, rather than just sitting empty.
Interviewing Experts: What sorts of commercial properties does Elmington Capital invest in?
Scott T. Sohr: Typically, industrial parks and properties like warehouses, as well as office complexes.
Interviewing Experts: Didn’t you recently close on an industrial park in Knoxville?
Scott T. Sohr: It was actually back in 2010. It’s a complex of five warehouses, lots of square footage.
Interviewing Experts: Are there any multi-use properties in your portfolio?
Scott T. Sohr: Several years ago our firm purchased tracts of land in the greater Memphis area that were developed into Wolf River Ranch and Greystone, subdivisions that now boast hundreds of residential lots for construction.
A veteran of over thirty years in business, Scott T. Sohr is a resident of Middle Tennessee. A serial entrepreneur, Scott T. Sohr is also the co-founder of Correct Care Solutions, a pioneer in institutional healthcare. In the course of his career, Sohr has funded, developed, and built numerous commercial and residential projects with his partners. Scott T. Sohr is a graduate of Auburn University, and earned his Masters in Business Administration from Vanderbilt’s Owen School of Management. Notably, Scott T. Sohr started his own business while still enrolled at Auburn, selling specialty plastic compounds for industry. Today, he lives in Nashville with his wife Lyn, and their four children.
Scott Sohr Answers a Few Questions about Williamson County’s Arrington Retreat
February 3, 2013 By Leave a Comment
Scott Sohr
Q: What is your background in business and development?
Scott Sohr: I have been in business management in several different fields for nearly 30 years. As an entrepreneur, I’m always looking for new opportunities to utilize my strengths and attract top talent to help me achieve my goals.
Q: Tell us about Arrington Retreat.
Scott Sohr: Arrington Retreat is a unique neighborhood I am developing in Williamson County, Tennessee. It is an elegantly designed community with great architecture and great amenities set in the the beautiful Middle Tennessee countryside. It also offers an elegant visual appeal that new homebuilders are looking for.
Q: What made you decide to invest in this community in Williamson County?
Scott Sohr: Williamson County is one of the premier counties in the entire country for home building. The local economy is thriving like never before, the population is increasing year in and year out, the school systems are fantastic, and it’s within a short drive of the hustle and bustle of downtown Nashville. For me, choosing Williamson County was an easy decision. Taking advantage of the beauty of the property offered in designing the community is where things became more difficult.
Q: What sort of amenities does Arrington Retreat have to offer?
Scott Sohr: Obviously, there’s the beautiful landscape on display. Beyond that, there’s also a pool that offers a gorgeous view of the wide open farmland, walking trails, Arrington Creek, a community garden for residents to enjoy, and a park for families and their pets to play and relax. We really wanted to offer something for everyone at Arrington Retreat.
Q: How do you plan on putting your business background to use with the development of Arrington Retreat?
Scott Sohr: Over the years, I’ve learned that you have to know your audience and your customers, and I firmly believe that Arrington Retreat is exactly the type of community and neighborhood that residents of Franklin, Brentwood, Cool Springs, and anyone in Middle Tennessee has been waiting for.