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US hotel deals: Motto by Hilton Nashville Downtown sells for $260 million

Slate Property Group acquires Stewart Hotel in New York City
Apple Hospitality REIT acquired the 260-room Motto by Hilton Nashville Downtown in December 2025. (Hilton)
Apple Hospitality REIT acquired the 260-room Motto by Hilton Nashville Downtown in December 2025. (Hilton)
CoStar News
January 20, 2026 | 2:37 P.M.

This roundup features the latest hotel transactions in the U.S. hotel industry.

Hotel nameRoomsLocationPrice, including debtPrice per roomBuyerSellerDate of transactionTakeaway
Motto by Hilton Nashville Downtown260Nashville, Tennessee$98.2 million$377,692Apple Hospitality REITM. A. Mortenson CompanyDec. 21, 2025The 260-room hotel in downtown Nashville opened in December.
Stewart Hotel610New York City$260 million$426,230Slate Property Group/Breaking Ground Building and Restoring LivesSioni Group/Highgate Capital Group/Patriarch PartnersDec. 19, 2025The hotel ceased operations in 2022 and functioned as a shelter for a couple of years. All operations had ceased prior to the sale.
The Westin Savannah Harbor Golf Resort & Spa403Savannah, Georgia$101.31 million$251,397KSL Capital PartnersBrookfield Hotel PropertiesDec. 17, 2025Brookfield acquired the property for $112 million in July 2021.
Courtyard by Marriott Boston Cambridge216Cambridge, Massachusetts$50 million$231,481LeFrakHighgate Hotels/Centerbridge PartnersDec. 15, 2025The property sits on 1.52 acres in the Cambridge/Waltham hospitality submarket and features a business and fitness center.

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