Tidal Real Estate Partners has snagged $371.5 million in financing for a development in Downtown Nashville that will center around hospitality and residential.
Madison Realty Capital and KSL Capital Partners provided the capital, which was arranged by Walker & Dunlop.
Walker & Dunlop said in a statement that the project, called The Nashville EDITION Hotel & Residences, comes as Downtown Nashville has become a magnet for luxury hospitality and high-rise residential. The Nashville MSA is home to more than 40,000 businesses and over 2.1 million residents, according to the CRE brokerage.
"While Nashville continues to attract strong business and leisure travel, elevated, design-forward hotel models that reflect local culture remain underrepresented," Mick Walsdorf, principal at Tidal Real Estate, further noted about the market in the statement.
"We see a clear opportunity for a mixed-use, culture-led hospitality concept that elevates both residential living and the guest experience. We're proud to collaborate with Walker & Dunlop to deliver a project under the iconic EDITION brand that will be rooted in standout design and intentional programming, backed by institutional-scale execution to create one of Nashville's most inspired branded hotel and residential destinations."
The hospitality portion of the development in the Gulch neighborhood is slated to include a 28-story hotel that features 261 rooms. The residential segment will have 84 luxury condos.
Also, The Nashville EDITION will feature bar concepts and restaurants, as well as amenities including residential lobbies, gyms, an 8,300 square foot ballroom with pre-function space, a rooftop pool, conference rooms, a spa and a golf simulator. It's unclear if the development has broken the ground yet.
For 2025, it was a strong year for hotels. A LW Hospitality Advisors survey found that transaction volume totaled over $14.3 billion across roughly 58,900 hotel rooms. Volume grew by about five percent year-over-year, while the number of trades surged by 10 percent over the same period. However, the average deal size contracted by almost five percent.
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