Newmark announces the Company has arranged a $51 million loan on behalf of the Virgin Group to refinance Virgin Hotels Nashville, a lifestyle hotel located in Nashville, Tennessee. Newmark’s Global Debt & Structured Finance team led by Jordan Roeschlaub, Nick Scribani, Tyler Dumon, Holden Witkoff and Tate Keir secured the financing through Apollo.

Located in the heart of Nashville’s Music Row, the hotel benefits from proximity to The Gulch, Downtown Nashville and Vanderbilt University. Opened in July 2020, Virgin Hotels Nashville features a collection of market-leading food and beverage concepts, including one of the city’s most popular rooftop bars, a distinctive speakeasy and a signature restaurant with expansive outdoor space. The property also offers a rooftop pool with private cabanas, a state-of-the-art fitness center and more than 15,000 square feet of meeting and event space.