Newmark has arranged a $51 million loan on behalf of the Virgin Group to refinance Virgin Hotels Nashville.
Newmark’s global debt & structured finance team, led by Jordan Roeschlaub, copresident, alongside Vice Chairman Nick Scribani, Managing Director Tyler Dumon, Associate Director Holden Witkoff and Associate Tate Keir, secured the financing through Apollo.
Located along Nashville’s Music Row, the 262-key hotel benefits from its proximity to The Gulch, Downtown Nashville and Vanderbilt University. Opened in July 2020, the property features a collection of food and beverage concepts, including a rooftop bar, a speakeasy and a signature restaurant with outdoor space.
Amenities include a rooftop pool with private cabanas, a fitness center and more than 15,000 sq. ft. of meeting and event space.
