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Nashville hotel refinancing delivers $73 million payday for developer

CMBS lenders back Grand Hyatt with $270 million loan, signaling confidence in downtown hotels
The 591-room, 25-story Grand Hyatt Nashville completed a $270 million refinancing. (CoStar)
The 591-room, 25-story Grand Hyatt Nashville completed a $270 million refinancing. (CoStar)

Southwest Value Partners is poised to pull nearly $73 million of equity out of the Grand Hyatt Nashville, a sign that lenders remain willing to make sizable bets on top-performing downtown hotels despite broader uncertainty in the sector.

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