800 Room Omni Nashville Hotel Secures $300M Refinancing

JLL’s Capital Markets Group has secured a $300 million refinancing deal for the Omni Nashville Hotel, an 800-room luxury hotel in downtown Nashville.

The seven-year, fixed-rate loan was arranged on behalf of the borrower, TRT Holdings, Inc.. It was sourced from a U.S.-based insurance company and AllianceBernstein Commercial Real Estate Debt as an Equitable Financial Life Insurance Company advisor.

Omni Nashville Hotel, a 21-story building that opened in 2013, has over 80,000 square feet of meeting space, including Nashville’s largest hotel ballroom, which spans 23,800 square feet. The LEED Silver-certified property features several dining options, including Bob’s Steak & Chop House, Kitchen Notes, and Barlines. It also boasts a 5,500-square-foot Mokara spa, a rooftop pool, and a state-of-the-art fitness center.

The hotel is located at 250 Rep. John Lewis Way South and is connected to the Country Music Hall of Fame and Museum. It is also directly opposite the 2.1 million-square-foot Music City Center convention facility. The property’s location and numerous amenities make it a significant beneficiary of Nashville’s thriving tourism and corporate sectors, which attract over 14 million visitors annually and have seen major employers expand in the region.

A team from JLL’s Debt Advisory led the financing deal for the Omni Nashville Hotel. The team included Kevin Davis, CEO of Hotels & Hospitality Group Americas, Senior Managing Directors Whit Johnson and Jim Curtin, Managing Director Mike Huth, Director Shalin Patel, Associate Luke Rogers, and Analyst Nick Warta.

Kevin Davis commented on the deal, stating that Omni Nashville’s location next to the Music City Center and its high-quality amenities have placed it in a strong position in Nashville’s hospitality market. He added that the property is expected to maintain its leading performance as Nashville continues to experience significant growth in leisure and business travel demand.

JLL’s Capital Markets group is a global capital solutions provider for real estate investors and occupiers. The firm boasts over 3,000 Capital Markets specialists worldwide, operating in nearly 50 countries. It offers various services, including investment sales and advisory, debt advisory, equity advisory, and recapitalization.