Atlanta & Southeast + Southeast + Hospitality | July 29, 2022

HALL Structured Finance has originated a $43.1-million construction loan for a Holiday Inn Express in Nashville, TN.

HSF Originates $43M Construction Loan for Holiday Inn Express in Nashville

HALL Structured Finance has originated a $43.1-million first lien construction loan to finance the development of an eight-story, 184-room Holiday Inn Express in Nashville, TN.

Francisco Nacorda of Mag Mile Capital sourced the financing for the project.

The hotel is being developed by Nashville-based firm SiLa Developments and will be managed by Triumph Hospitality. It is expected to open in March 2024.

The hotel’s location on Rock Block in Midtown will be within walking distance to major employers and demand generators including Vanderbilt University & Medical Center, HCA TriStar Medical Center, Ascension St. Thomas Hospital, Centennial Park and Sportsplex and numerous restaurants and bars. Amenities include an outdoor infinity edge swimming pool, fitness center, meeting room, convenience market, breakfast area and business center.

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About Lisa McDuffie

Lisa McDuffie arrives at ConnectCRE via REALTOR® world, where she served for nearly two decades as communications director for one of the nation’s largest REALTOR® organizations. She supported two membership-elected presidents who were commercial real estate practitioners, and managed the communications initiatives of the organization’s commercial special interest group. When not following the latest commercial real estate news, Lisa is zeroed in on her charismatic off-the-track thoroughbred as she makes the transition from an utterly failed racehorse to a lovely show hunter.

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