Nashville – Knoxville
Top 5 Hotel Transactions in Nashville
Several major hospitality assets changed hands in the 12 months ending in March as the Music City’s tourism economy continues to pick up speed.
Wexford Buys DoubleTree Near Nashville Airport
HREC arranged the sale of the 138-key all-suites hotel, which provides quick access to both downtown and Opryland. Hospitality Ventures Management Group was the seller.
Nashville Hyatt Gets $66M Construction Financing
C.B. Ragland’s 252-key development will rise 20 stories in the city’s SoBro district. The hotel’s opening is scheduled for summer 2021.
Four Seasons Nashville Lands $360M in Financing
HFF orchestrated the debt and equity package for The Congress Group and AECOM Capital’s development of the 232-key hotel and residential project.
Why Public-Private Partnerships Are Crucial to a City’s Growth
Without close cooperation between business and local government, creating the kind of projects that help cities thrive is a tall order, said panelists at ULI’s Spring Meeting.
5 Nashville Projects Embracing Adaptive Reuse
An inside look at standout examples of the city’s booming development scene, which is expected to exceed $3.7 billion in construction this year.
Nashville Mixed-Use Development Lands Financing
Pinnacle Bank provided the developer with nearly $13 million in financing to convert a former lumber mill into an 80,000-square-foot office and retail property.
Hyatt Centric Expands in TN and TX
Three new Hyatt Centric hotels are slated to open in Memphis, Nashville and Austin in 2020 and 2021. Currently, the brand has 26 properties across 11 countries.
TN Industrial Distribution Facility Trades for $24M
Superior 3rd Party Logistics Inc. already inked a 237,000-square-foot lease at the Couchville Pike Business Center I in Mt. Juliet with the new owner, a Fortress Investment Group-lead joint venture.
Nashville Office High-Rise Commands $105M
The 26-story Class A tower last changed hands in November 2013, when Shidler Group shelled out $103 million for the Union Street asset.