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TennesseeHospitality

Arriba Capital closes $18.5 million construction loan for new hotel in Nashville

August 12, 2021
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Arriba Capital recently closed an $18.5 million ground-up conventional construction loan for a Hyatt Place hotel in an affluent suburb of Nashville, Tennessee. 

In addition to the construction loan, Arriba arranged a large, complex ground lease on the property.

The borrower is an experienced, privately-held, hospitality management and development group based in the Southeast. Arriba has financed multiple projects for the borrower.

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