JLL’s Capital Markets group has arranged a $300-million refinancing for the Omni Nashville Hotel, an 800-key luxury hotel in downtown Nashville.

JLL worked on behalf of the borrower, TRT Holdings Inc., to secure a fixed-rate, seven-year loan through a U.S.-based insurance company and AllianceBernstein Commercial Real Estate Debt, in its capacity as advisor to Equitable Financial Life Insurance Company.

The 21-story hotel opened in 2013 and features more than 80,000 sq. ft. of meeting space, including Nashville’s largest hotel ballroom at 23,800 sq. ft. The LEED Silver-certified property offers multiple dining options like Bob’s Steak & Chop House, Kitchen Notes and Barlines, as well as a 5,500-sq.-ft. Mokara spa, rooftop pool and fitness center.

The hotel is integrated with the Country Music Hall of Fame and Museum and sits across from the 2.1 million-sq.-ft. Music City Center convention facility. The property benefits from Nashville’s booming tourism and corporate sectors, with more than 14 million annual visitors and major employers expanding in the market.

The JLL Debt Advisory team was led by Hotels & Hospitality Group Americas CEO Kevin Davis, Senior Managing Directors Whit Johnson and Jim Curtin, Managing Director Mike Huth, Director Shalin Patel, 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.”

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