Smith Hill, Bain Capital Provide $57M Loan for Embassy Suites by Hilton Nashville Airport Hotel

9/12/2024

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REBusinessOnline

• Subcategory: Capital Markets: Debt, Hospitality: Hotel

• Tag: Closing | JV-Partnership

• Additional Filters-Subcategory: Capital Markets: Debt-Loan

• Additional Filters-Tags: Retail: Franchise

• Company: Hilton (NYSE: HLT), Eastdil Secured

A joint venture between Smith Hill Capital and Bain Capital has provided a $57 million loan for Embassy Suites by Hilton Nashville Airport, a 305-room hotel in Nashville. Eastdil Secured arranged the financing on behalf of the borrowers, Affinius Capital and Westmont Hospitality.