JLL secures $300M refinancing for Omni Nashville Hotel
JLL Capital Markets has arranged a $300 million refinancing for the Omni Nashville Hotel, an 800-key luxury property in downtown Nashville. The deal involves a fixed-rate, seven-year loan secured through a U.S.-based insurance company and AllianceBernstein Commercial Real Estate Debt for borrower TRT Holdings.
The 21-story hotel, opened in 2013, features over 80,000 square feet of meeting space, including Nashville's largest hotel ballroom. The LEED Silver certified property includes multiple dining options, a Mokara spa, rooftop pool, and is integrated with the Country Music Hall of Fame and Museum. Located opposite the Music City Center convention facility, the hotel benefits from Nashville's tourism sector, which attracts over 14 million annual visitors.
JLL Capital Markets ha organizzato un rifinanziamento di 300 milioni di dollari per l'Omni Nashville Hotel, una proprietà di lusso con 800 camere situata nel centro di Nashville. L'operazione prevede un prestito a tasso fisso di sette anni garantito da un'assicurazione con sede negli Stati Uniti e da AllianceBernstein Commercial Real Estate Debt per il prestatore TRT Holdings.
L'hotel di 21 piani, aperto nel 2013, offre oltre 80.000 piedi quadrati di spazi per meeting, compresa la sala da ballo più grande di Nashville. La proprietà è certificata LEED Silver e include diverse opzioni di ristorazione, una spa Mokara, una piscina sul tetto ed è integrata con il Country Music Hall of Fame and Museum. Situato di fronte al centro congressi Music City Center, l'hotel beneficia del settore turistico di Nashville, che attira oltre 14 milioni di visitatori all'anno.
JLL Capital Markets ha organizado un refinanciamiento de 300 millones de dólares para el Omni Nashville Hotel, una propiedad de lujo con 800 habitaciones ubicada en el centro de Nashville. El acuerdo involucra un préstamo a tasa fija a siete años asegurado a través de una compañía de seguros con sede en EE. UU. y de AllianceBernstein Commercial Real Estate Debt para el prestatario TRT Holdings.
El hotel de 21 pisos, inaugurado en 2013, cuenta con más de 80,000 pies cuadrados de espacio para reuniones, incluida la sala de baile más grande de Nashville. La propiedad está certificada como LEED Silver e incluye múltiples opciones de restauración, un spa Mokara, una piscina en la azotea y está integrada con el Country Music Hall of Fame and Museum. Ubicado enfrente del centro de convenciones Music City Center, el hotel se beneficia del sector turístico de Nashville, que atrae a más de 14 millones de visitantes anuales.
JLL Capital Markets는 내슈빌 중심부에 위치한 800객실의 고급 호텔인 Omni Nashville Hotel을 위한 3억 달러의 재정 지원을 마련했습니다. 이 거래는 미국 기반의 보험 회사와 AllianceBernstein Commercial Real Estate Debt가 담보로 제공하는 7년 고정 금리 대출을 포함합니다. 대출자는 TRT Holdings입니다.
2013년에 개장한 21층 호텔에는 내슈빌 최대의 호텔 연회장이 포함된 8만 평방피트 이상의 회의 공간이 있습니다. 이 LEED Silver 인증을 받은 호텔은 다양한 식사 옵션, Mokara 스파, 옥상 수영장을 갖추고 있으며, 컨트리 음악 명예의 전당 및 박물관과 통합되어 있습니다. 뮤직시티센터 컨벤션 시설 맞은편에 위치한 이 호텔은 연간 1천4백만 명 이상의 방문객을 유치하는 내슈빌의 관광 산업의 혜택을 누리고 있습니다.
JLL Capital Markets a organisé un refinancement de 300 millions de dollars pour l'Omni Nashville Hotel, un établissement de luxe de 800 chambres situé au cœur de Nashville. L'accord implique un prêt à taux fixe sur sept ans garanti par une compagnie d'assurance basée aux États-Unis et par AllianceBernstein Commercial Real Estate Debt pour l'emprunteur TRT Holdings.
L'hôtel de 21 étages, ouvert en 2013, dispose de plus de 80 000 pieds carrés d'espaces de réunion, y compris la plus grande salle de bal d'un hôtel à Nashville. La propriété est certifiée LEED Silver et comprend plusieurs options de restauration, un spa Mokara, une piscine sur le toit et est intégrée avec le Country Music Hall of Fame and Museum. Situé en face du centre de congrès Music City Center, l'hôtel bénéficie du secteur touristique de Nashville, qui attire plus de 14 millions de visiteurs par an.
JLL Capital Markets hat eine Refinanzierung in Höhe von 300 Millionen Dollar für das Omni Nashville Hotel organisiert, ein Luxusobjekt mit 800 Zimmern im Stadtzentrum von Nashville. Bei diesem Deal handelt es sich um ein siebenjähriges, festverzinsliches Darlehen, das über ein in den USA ansässiges Versicherungsunternehmen und AllianceBernstein Commercial Real Estate Debt für den Kreditnehmer TRT Holdings abgesichert ist.
Das 2013 eröffnete 21-stöckige Hotel bietet über 80.000 Quadratfuß Tagungsfläche, einschließlich des größten Ballsaals eines Hotels in Nashville. Die LEED Silver-zertifizierte Immobilie umfasst mehrere Gastronomieoptionen, ein Mokara Spa, einen Pool auf dem Dach und ist mit dem Country Music Hall of Fame and Museum verbunden. Direkt gegenüber dem Music City Center liegt das Hotel, das von der Tourismusbranche Nashvilles profitiert, die jährlich über 14 Millionen Besucher anzieht.
- Secured substantial $300M refinancing with favorable seven-year fixed rate terms
- Property is a market leader in RevPAR performance
- Strategic location next to 2.1M sq ft convention center
- Benefits from strong tourism market with 14M annual visitors
- None.
Insights
The
Nashville's hospitality market fundamentals are exceptionally robust, with the property's strategic location near the 2.1 million-square-foot Music City Center providing a sustainable competitive advantage. The hotel's leading RevPAR performance and integration with the Country Music Hall of Fame creates a unique value proposition that helps justify the substantial refinancing amount.
For JLL (market cap:
Nashville's hospitality sector is experiencing a remarkable growth trajectory, with 14 million annual visitors creating sustained demand for premium lodging assets. The Omni Nashville's positioning as a convention center hotel with the city's largest hotel ballroom makes it a critical piece of infrastructure for Nashville's meetings and events business.
The property's LEED Silver certification and comprehensive amenity package, including 80,000 square feet of meeting space, align with evolving corporate client expectations. The successful refinancing indicates that despite broader market uncertainties, well-located, institutional-quality hospitality assets in strong growth markets can still attract favorable financing terms.
This transaction validates Nashville's status as a top-tier hospitality market, where strong fundamentals are driving continued institutional investment. The involvement of established lenders like AllianceBernstein and Equitable Financial Life Insurance Company suggests the debt markets remain selective but open for premium assets in leading markets.
Financing arranged for 800-key convention center hotel in one of the top-performing lodging markets in the country
JLL worked on behalf of the borrower, TRT Holdings, Inc., to secure a fixed-rate, seven-year loan through a
The 21-story Omni Nashville Hotel opened in 2013 and features over 80,000 square feet of meeting space, including
Located at 250 Rep. John Lewis Way South, the hotel is seamlessly integrated with the Country Music Hall of Fame and Museum and sits across from the 2.1 million-square-foot Music City Center convention facility. The property benefits from
The JLL Debt Advisory team was led by Hotels & Hospitality Group Americas CEO Kevin Davis, Senior Managing Directors Whit Johnson and Jim Curtin, Managing Director Mike Huth, Director Shalin Patel, Associate Luke Rogers and Analyst Nick Warta.
"The Omni Nashville exemplifies the strength of
JLL's Capital Markets group is a full-service global provider of capital solutions for real estate investors and occupiers. The firm's in-depth local market and global investor knowledge delivers the best-in-class solutions for clients — whether investment sales and advisory, debt advisory, equity advisory or a recapitalization. The firm has more than 3,000 Capital Markets specialists worldwide with offices in nearly 50 countries.
For more news, videos and research resources, please visit JLL's newsroom.
About TRT Holdings, Inc.
TRT Holdings, Inc, the parent company of Omni Hotels & Resorts, is a privately owned, diversified holding company based in
About AllianceBernstein (AB)
AllianceBernstein L.P., parent company of AllianceBernstein Limited, is a leading investment-management firm with
AB's investment capabilities span diverse asset classes, investment styles and geographic markets. They include: Luxembourg-domiciled global, regional and sector-specific equity funds; multi-asset and alternative funds; and fixed-income strategies that encompass the entire risk/reward spectrum.
About JLL
For over 200 years, JLL (NYSE: JLL), a leading global commercial real estate and investment management company, has helped clients buy, build, occupy, manage and invest in a variety of commercial, industrial, hotel, residential and retail properties. A Fortune 500® company with annual revenue of
Contact: Grace Lewis, JLL PR
Phone: +1 903 520 3478
Email: grace.lewis@jll.com
View original content to download multimedia:https://www.prnewswire.com/news-releases/jll-secures-300m-refinancing-for-omni-nashville-hotel-302347467.html
SOURCE JLL
FAQ
What is the value of JLL's recent refinancing deal for Omni Nashville Hotel?
How many rooms does the Omni Nashville Hotel have?
What are the main amenities of the Omni Nashville Hotel financed through JLL?
Who are the lenders involved in JLL's Omni Nashville Hotel refinancing?