SOLDHotel
Greg O'hara, Nolan Hecht Of Certares & Jon Kline Of Clearview Hotel Capital Acquire 351-Room Hyatt Regency Savannah
2 West Bay Street
Units
351
Asset Type
Hotel
Closing
Jul 1, 2026
AI
The 351-room Hyatt Regency Savannah is a full-service riverfront hotel located at 2 West Bay Street, Savannah, GA. The property has recently been involved in a sale transaction which enhances Certares' portfolio in the hospitality sector.
Summary of transaction details:
- Property Type: Hotel
- Transaction Amount: Not specified
- Units: 351
- Address: 2 West Bay Street
- Market: Savannah, GA
- Buyer: Greg O'hara, Nolan Hecht - Certares & Jon Kline - Clearview Hotel Capital
Certares has now acquired 17 hotels since launching its real estate platform in 2021. The partners plan to focus on upgrading guestroom and public space areas to enhance the hotel’s appeal as leisure and business travel increases in the Savannah region.
Players
Bay Hotel Market Snapshot
Boundary boundary · Hotel · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93