Proskauer advised Gehr Hospitality in its acquisition of the 94-room Courtyard Nashville and 109-room Fairfield Inn & Suites Nashville, two hotels located in the famous Opryland district.
Financed by BMO Harris Bank, this transaction expands Gehr’s affiliation with the Marriott brand.
The Hotels are located approximately ten minutes from Nashville International Airport and fifteen minutes (10-miles) from downtown Nashville. The Hotels are uniquely located within one of Nashville’s steadiest and most insulated submarkets, the Opryland district, home to the Gaylord Opryland Resort and Convention Center, and the famed Grand Ole Opry country music venue.
Gehr Hospitality, a wholly owned subsidiary of The Gehr Group, is a hospitality-focused investment firm based in Los Angeles, California. Gehr Hospitality and its affiliates own a wide range of hotel, nightlife, residential and commercial real estate assets throughout the United States.
The Proskauer team was led by partner Albert Stemp (picture) and included partner Jeffrey A. Horwitz (Private Equity Real Estate); associate Katherine Roddy (Real Estate); and associate Daniel Nelson (Corporate).
Law Firms: Proskauer Rose LLP;
Clients: Gehr Hospitality;