{"id":1004272856,"date":"2018-10-18T22:30:39","date_gmt":"2018-10-19T06:30:39","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004272856"},"modified":"2019-04-11T23:06:36","modified_gmt":"2019-04-12T07:06:36","slug":"nashville-hotels-change-hands","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/nashville-hotels-change-hands\/","title":{"rendered":"Nashville Hotels Change Hands"},"content":{"rendered":"
\"\"<\/a>

The Courtyard Nashville at Opryland<\/p><\/div>\n

Wheelock Street Capital has sold two of its hospitality assets in Nashville to The Gehr Group for $35.3 million, according to Davidson County records. The seller had purchased the 203-key portfolio from LinGate Hospitality in 2013 for nearly $18.6 million. <\/p>\n

The 94-key Courtyard Nashville at Opryland and 109-key Fairfield Inn & Suites Nashville at Opryland are the two Marriott-affiliated properties that traded. Gehr landed two 5-year loans totaling $25.4 million from BMO Harris Bank to finance the acquisition. The buyer also partnered with the lender last summer, when the company acquired the 132-key Four Points by Sheraton in Charlotte<\/a>, N.C. <\/p>\n

\"The<\/a>

The Fairfield Inn & Suites Nashville at Opryland<\/p><\/div>\n

The two assets are located at 125 and 211 Music City Circle, within 1 mile of the Gaylord Opryland Resort & Convention Center. The city\u2019s downtown is 12 miles to the southwest, accessible via Tennessee Route 155. The three-story Fairfield Inn was constructed in 1996 and the four-story Courtyard opened a year later. Both properties contain a mix of standard guestrooms and suites, an on-site amenities include fitness centers, swimming pools and complimentary Wi-Fi. <\/p>\n

Images via Google Street View<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

Wheelock Street Capital sold the two-property portfolio to The Gehr Group approximately five years after acquiring the assets for $18.6 million.<\/p>\n","protected":false},"author":861,"featured_media":1004272865,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21743,21825,21751,21783,13,36077,21742],"tags":[36551,33877,36550,34299],"class_list":["post-1004272856","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-deals","category-finance","category-hotel","category-investment","category-midwest","category-nashville-knoxville","category-latest","tag-bmo-harris-bank","tag-marriott","tag-the-gehr-group","tag-wheelock-street-capital"],"acf":[],"yoast_head":"\nNashville Hotels Change Hands - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/nashville-hotels-change-hands\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Nashville Hotels Change Hands\" \/>\n<meta property=\"og:description\" content=\"Wheelock Street Capital sold the two-property portfolio to The Gehr Group approximately five years after acquiring the assets for $18.6 million.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/nashville-hotels-change-hands\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2018-10-19T06:30:39+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2019-04-12T07:06:36+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/10\/The-Courtyard-Nashville-at-Opryland.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"800\" \/>\n\t<meta property=\"og:image:height\" content=\"620\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Jeff Hamann\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/nashville-hotels-change-hands\/\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/nashville-hotels-change-hands\/\",\"name\":\"Nashville Hotels Change Hands - 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