Two Nashville Hotels Picked by Host
Starwood Capital Group, Crescent Real Estate LLC and High Street Real Estate Partners completed the sale of the 1 Hotel and Embassy Suites in Nashville, Tennessee, to Host Hotels and Resorts, a lodging real estate investment trust. Numerous sources reported the sales price exceeded $500 million.
Opened in 2022, the dual-branded Nashville 1 Hotel and Embassy Suites consists of an 18-story 1 Hotel—Starwood Capital’s brand hotel—and a 30-story Embassy Suites by Hilton hotel tower. The development totals 721 rooms and more than 26,000 square feet of meeting space, including guest amenities such as the 1 Hotel’s spa, rooftop bar and event deck area and Embassy Suites by Hilton’s rooftop swimming pool, bar and event space.
Located on the corner of Demonbreun Street and 7th Avenue South, directly across from Nashville’s Music City Center, the site is in the heart of Nashville’s downtown restaurants and entertainment venues and one block from Bridgestone Arena, home of the Nashville Predators, and host to numerous concerts and events.
