Omni Nashville Hotel Secures $300 Million Refinancing
Omni Nashville Hotel Secures $300 Million Refinancing

Omni Nashville Hotel Secures $300 Million Refinancing

News summary

The Omni Nashville Hotel has secured a $300 million refinancing facility arranged by JLL's Capital Markets group on behalf of its owner, TRT Holdings. The refinancing is a seven-year, fixed-rate loan from a U.S.-based insurance company, with AllianceBernstein Commercial Real Estate Debt advising Equitable Financial Life Insurance Company. The 21-story hotel features 800 rooms and over 80,000 square feet of meeting space, including Nashville's largest hotel ballroom. Positioned at a prime location, it is integrated with the Country Music Hall of Fame and Museum and across from the Music City Center. This refinancing reflects the hotel's strong performance in Nashville's competitive hospitality market, benefiting from the city's vibrant tourism and corporate expansions. JLL's team, led by Kevin Davis, emphasizes the hotel's potential to maintain its market-leading position.

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