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Old Hickory Boulevard

Updated Aug 27, 2025

Arriba Capital Secures $67 Million Construction Loan For Hilton Dual-Branded Hotel In Nashville
FINANCEDDevelopment Site

Arriba Capital Secures $67 Million Construction Loan For Hilton Dual-Branded Hotel In Nashville

Old Hickory Boulevard

$67,000,000

Building Size

—

Asset Type

Development Site

Closing

Aug 25, 2025

About this deal

AI

The asset involved in this transaction is a development site intended for a dual-branded Hilton Home2 Suites & Hampton Inn, located in Nashville’s East Bank, which is in proximity to Oracle’s $2 billion global headquarters. The construction loan amount secured is $67 million, which will be utilized for developing this upper-midscale hotel, slated for opening in early 2027.

Summary of transaction details:

  • Property Type: Development Site
  • Transaction Amount: $67,000,000
  • Lender: Arriba Capital
  • Loan Type: Construction
  • Market: Nashville, TN

The deal is being facilitated by Arriba Capital, which provides the construction financing for the project, reflecting a strategic investment in a rapidly developing area influenced by major corporate presence. This loan highlights the developer's plans to enhance the hospitality offerings in Nashville.

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$67,000,000

Development Site

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Players

Arriba Capital
Arriba CapitalLender

Antioch Development Site Market Snapshot

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.24%

Cash-on-Cash

-0.07%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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