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REIT Splits From Deal to Marry Grand Ole Opry, Austin City Limits Real Estate

Buyer Decided Against the Risk of Buying in the Current Pandemic Environment
Known as Block 21 in downtown Austin, Texas, the property includes a W hotel and the theater for Austin City Limits. (CoStar)
Known as Block 21 in downtown Austin, Texas, the property includes a W hotel and the theater for Austin City Limits. (CoStar)

Like a sad country song, a real estate deal that would have brought two country music icons under single ownership succumbed to an illness that caused the parties to split up.

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