JLL Capital Markets arranged $172 million in financing for the acquisition of the newly completed Four Seasons Hotel Nashville.
The company worked on behalf of the sponsorship, a joint venture between GD Holdings, Stonebridge Development Co. and Copford Capital Management LLC, to secure the acquisition financing through Credit Suisse.
Newly delivered this year, the Four Seasons Hotel Nashville is a 40-story, full-service luxury hotel with 235 keys, including 42 suites. The art- and light-filled hotel features a restaurant led by a Michelin-distinguished chef, a bar, a full-service spa and resort-style pool deck and event spaces.
The hotel is situated on a 1.47-acre site in the South Broadway area of downtown Nashville, and is connected to the Shelby Avenue pedestrian bridge, which leads directly to Nissan Stadium, home of the Tennessee Titans. In addition, the property is adjacent to Riverfront Park and the Cumberland River, and close to Music City Center and Broadway Street, Nashville’s most famous entertainment and tourist destination.
The JLL Capital Markets team representing the borrower was led by Senior Managing Director Eric Tupler, EVP Jeff Bucaro, Senior Managing Director Brian Dawson and America’s CEO of JLL Hotels & Hospitality Group Kevin Davis.
“Nashville hosted 12.6 million visitors in 2021 and continues to see consistent year-over-year tourism growth along with an exploding year-round residential population,” said Tupler. “With this increased tourism, there is a growing number of international and wealthy travelers primed to take advantage of Nashville’s first truly five-star luxury hotel.”