{"id":1004320511,"date":"2019-04-30T06:16:29","date_gmt":"2019-04-30T14:16:29","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004320511"},"modified":"2021-05-15T04:30:03","modified_gmt":"2021-05-15T12:30:03","slug":"nashville-hyatt-gets-66m-construction-financing","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/nashville-hyatt-gets-66m-construction-financing\/","title":{"rendered":"Nashville Hyatt Gets $66M Construction Financing"},"content":{"rendered":"<div id=\"attachment_1004320514\" style=\"width: 310px\" class=\"wp-caption alignright\"><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/04\/Hyatt-Centric-Downtown-Nashville-Project-Site.png\" target=\"_blank\" rel=\"noopener\"><img decoding=\"async\" aria-describedby=\"caption-attachment-1004320514\" data-attachment-id=\"1004320514\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/nashville-hyatt-gets-66m-construction-financing\/hyatt-centric-downtown-nashville-project-site\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/04\/Hyatt-Centric-Downtown-Nashville-Project-Site.png\" data-orig-size=\"800,620\" data-comments-opened=\"0\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;0&quot;}\" data-image-title=\"Hyatt Centric Downtown Nashville Project Site\" data-image-description=\"\" data-image-caption=\"&lt;p&gt;Hyatt Centric Downtown Nashville Project Site&lt;\/p&gt;\n\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/04\/Hyatt-Centric-Downtown-Nashville-Project-Site.png?w=800\" loading=\"lazy\" class=\"wp-image-1004320514 size-medium\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/04\/Hyatt-Centric-Downtown-Nashville-Project-Site.png\" alt=\"\" width=\"300\" height=\"233\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/04\/Hyatt-Centric-Downtown-Nashville-Project-Site.png 800w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/04\/Hyatt-Centric-Downtown-Nashville-Project-Site.png?resize=300,233 300w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/04\/Hyatt-Centric-Downtown-Nashville-Project-Site.png?resize=768,595 768w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><p id=\"caption-attachment-1004320514\" class=\"wp-caption-text\">Hyatt Centric Downtown Nashville project site.&nbsp;<em>Image via Google Earth<\/em><\/p><\/div>\n<p>C.B. Ragland has secured $66 million of construction financing for the Hyatt Centric Downtown Nashville, a planned 252-key hotel project. According to public records, SunTrust Bank provided the note for the development, which is anticipated to deliver in summer 2021.<\/p>\n<p>SunTrust continues to be an active lender in the Nashville area. In March, the bank <a href=\"https:\/\/www.commercialsearch.com\/news\/wheelock-street-capital-pays-112m-for-nashville-office\/\">provided $72 million in acquisition financing<\/a> for one of this year\u2019s largest office transactions in the metro.<\/p>\n<p>The Hyatt\u2019s half-acre project site, located at 200 Molloy St., is across the street from 222, a 390,000-square-foot mixed-use development completed by C.B. Ragland in late 2017. The hotel will operate within half a mile of nearly 5 million square feet of office space, according to Yardi Matrix. Many of the city\u2019s major tourist attractions, including the Country Music Hall of Fame, Bridgestone Arena and the Music City Center, are a short walk away.<\/p>\n<p>The hotel, planned to rise 20 stories, will be managed by Hyatt. The property will contain a variety of guest amenities, including a rooftop deck with a swimming pool, 4,500 square feet of event space, a restaurant, a bar and some additional 4,000 square feet of retail space.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>C.B. Ragland\u2019s 252-key development will rise 20 stories in the city\u2019s SoBro district. The hotel\u2019s opening is scheduled for summer 2021.<\/p>\n","protected":false},"author":861,"featured_media":1004320514,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21782,21808,21825,21751,13,36077,21742],"tags":[33185,34336],"class_list":["post-1004320511","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-development","category-featured","category-finance","category-hotel","category-midwest","category-nashville-knoxville","category-latest","tag-hyatt","tag-suntrust-bank"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.4 (Yoast SEO v24.6) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Nashville Hyatt Gets $66M Construction Financing - 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-hyatt-gets-66m-construction-financing\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Nashville Hyatt Gets $66M Construction Financing\" \/>\n<meta property=\"og:description\" content=\"C.B. Ragland\u2019s 252-key development will rise 20 stories in the city\u2019s SoBro district. The hotel\u2019s opening is scheduled for summer 2021.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/nashville-hyatt-gets-66m-construction-financing\/\" \/>\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=\"2019-04-30T14:16:29+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2021-05-15T12:30:03+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/04\/Hyatt-Centric-Downtown-Nashville-Project-Site.png\" \/>\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\/png\" \/>\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-hyatt-gets-66m-construction-financing\/\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/nashville-hyatt-gets-66m-construction-financing\/\",\"name\":\"Nashville Hyatt Gets $66M Construction Financing - 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