JLL’s Capital Markets group has successfully facilitated a $300 million refinancing deal for the Omni Nashville Hotel, an 800-room luxury property in downtown Nashville’s heart.
Acting on behalf of the borrower, TRT Holdings, Inc., JLL arranged a fixed-rate, seven-year loan provided by a U.S.-based insurance company, with AllianceBernstein Commercial Real Estate Debt advising Equitable Financial Life Insurance Company.
Since its opening in 2013, the 21-story Omni Nashville Hotel has been a standout property, offering over 80,000 square feet of event space, including Nashville’s largest hotel ballroom spanning 23,800 square feet. This LEED Silver-certified hotel features various dining options, such as Bob’s Steak & Chop House, Kitchen Notes, and Barlines. Additional amenities include a 5,500-square-foot Mokara spa, a rooftop pool, and a cutting-edge fitness centre.
Located at 250 Rep. John Lewis Way South, the Omni Nashville Hotel boasts a premier location seamlessly connected to the Country Music Hall of Fame and Museum and directly across from the sprawling 2.1 million-square-foot Music City Center convention facility. The property benefits from Nashville’s dynamic tourism sector and thriving corporate environment, drawing over 14 million visitors annually and supported by the city’s robust economic growth and corporate expansions.
The refinancing initiative was spearheaded by JLL’s Hotels & Hospitality Group, with a team led by Americas CEO Kevin Davis. Key contributors included Senior Managing Directors Whit Johnson and Jim Curtin, Managing Director Mike Huth, Director ShalinPatel, Associate Luke Rogers, and Analyst Nick Warta.
“The Omni Nashville exemplifies the strength of Nashville’s hospitality market, consistently ranking at the top of its competitive set for RevPAR,” said Davis. “With its irreplaceable location next to Music City Center and high-quality amenities, the property is well-positioned to continue its market-leading performance as Nashville experiences tremendous growth in both leisure and business travel demand.”
JLL’s Capital Markets group offers a full range of global capital solutions tailored to real estate investors and occupiers. Leveraging deep local market expertise and an extensive international network, the team specializes in investment sales, debt and equity advisory, and recapitalization services. With 3,000 professionals operating in nearly 50 countries, the group provides exceptional client support worldwide.
