Certes Partners Acquires Hotel In Nashville For $13.5M

The hotel property located at 3887 Central Pike in Nashville, TN has been sold in a transaction. The property consists of 108 keys (hotel rooms) and has been acquired by Certes Partners, Sunder Jambunathan, Elan Hakimian, and The Hakimian Organization. The seller of the property is Jai Ganesha. The sale price for the hotel property was $13,500,000.

Summary of transaction details

• Property Type: Hotel
• Transaction Amount: $13,500,000
• Address: 3887 Central Pike, Nashville, TN
• Market: Nashville, TN
• Buyer: Certes Partners - Sunder Jambunathan & Elan Hakimian, & The Hakimian Organization - Adam Hakimian & Michael Hakimian
• Seller: Jai Ganesha

Certes Partners, Sunder Jambunathan, Elan Hakimian, and The Hakimian Organization have actively acquired distressed and underperforming hotels in high-growth markets nationwide. They acquire assets directly as well as provide LP and GP capital. You can send all hotel investment opportunities to [email protected].