Saturday, January 21, 2017
Home » Blog » Cool Springs Real Estate CEO Arrested

Cool Springs Real Estate CEO Arrested

Stewart Heath, CEO of Equity Real estate, was arrested in connection to an incident where he reportedly pulled a gun on  someone at his office in Cool Springs TN.  Comments below the story offer several versions of what may have happened.  One comment mentioned Equity Real Estate being in the property management business.  The author of the comment speculated that Mr. Heath had kept the weapon at work because of dealing with evictions and unruly tenants, a result of their property management business.

Here is the story as reported by the Tennessean July 31, 2009:


Arrest made in Cool Springs gun incident

FRANKLIN— A real estate CEO has been charged with aggravated assault after pulling a gun on an employee during a dispute, according to police.

Stewart Heath, 45 of Franklin, was arrested after Franklin Police were called to Equity Real Estate, 3333 Aspen Grove Drive, just after 10:30 this morning.

An Equity Real Estate employee called the police after fleeing the building following a dispute with Heath, the company’s CEO, in which Heath brandished a gun.

Upon arrival, police evacuated the Aspen Grove building and surrounding buildings.

Heath surrendered without incident, and both parties were questioned by detectives. Heath is being held in the Williamson County Jail on a $2,500 bond.”


Here is the story with much better information as reported by E. Thomas Wood July 31, 2009 in the Nashville Post:


“A Cool Springs office building was evacuated today after an accountant and real estate investor reportedly pulled a pistol on someone who had come to his office. Mindy Tate of the Williamson Herald has the details:

Stewart Heath, whose Equity Real Estate office at 3333 Aspen Grove Drive in Franklin’s Cool Springs area was surrounded by police earlier today, surrendered to authorities after pulling a gun on another individual who came into the office, according to Franklin Police Sgt. Charles Warner, communications spokesperson.

Earlier this week, Civic Bank in Nashville won a $1.1 million judgment against Heath, who had reportedly told employees earlier this month today would be their last day at work.

CB&T’s complaint against Heath is available here, courtesy of a nemesis blog set up by residents of condo development The Village at Grassmere. They seem to have issues with Heath.

A peek at the C-A’s database of handgun carry permit holders reveals that Heath has a license to pack heat. Gentle readers, you may now proceed to yell at each other all weekend about the fact just mentioned.”