Flank GP Fund I (“the Fund”), announced it has secured the full capitalization for The Nashville EDITION Hotel & Residences. The new location for the international luxury brand, EDITION is located in The Nashville Gulch in Downtown Nashville. Developed by Tidal Real Estate Partners, the new tower will comprise of 261 hotel rooms and 84 private condominium residences fully serviced by the hotel. Residential sales are now underway, and the project has broken ground. The site is located at 1110 Porter Street.
“As we make strides toward delivering The Nashville EDITION, we are excited to partner with KSL, Madison and Newbond to bring this world-class project to life,” said Mick Walsdorf, CEO of Tidal Real Estate Partners. “Following our strong initial sales reception, this construction capitalization marks a major milestone that reflects the continued strength of Nashville’s luxury real estate and hospitality markets, as well as the confidence of our capital partners in the city’s long-term growth. We are proud to contribute to the city’s dynamic urban evolution through this landmark development, which will set a new standard for luxury experiences in Nashville.”
The Nashville EDITION will join the lively fabric of The Gulch, a thriving neighborhood and hub for upscale living, renowned restaurants, premier boutique shopping, immersive arts and culture, and lively nightlife. The property offers seamless connectivity to Music Row, Downtown Nashville, and the Nashville Yards entertainment district.
The Fund closed on approximately $400MM in debt and equity financing to build the new Nashville EDITION development. The debt and equity financing was provided by affiliates of KSL Capital Partners, LLC (“KSL”), Madison Realty Capital in partnership with Newbond Holdings, and affiliates of the developer. KSL and Madison Realty Capital bring deep expertise in financing and investing in world-class hospitality projects.
“Nashville has become one of the most exciting luxury hospitality markets in the country, and The Nashville EDITION will be a defining addition to that landscape,” said Dan Rohan, Partner and Head of Tactical Opportunities at KSL. “We’re proud to partner with Tidal Real Estate Partners on a project that combines world-class design and service with the energy of The Gulch. This development reflects our shared commitment to creating best-in-class experiences and setting a new benchmark for luxury in Nashville.”
The Nashville EDITION’s sleek glass façade has been designed by award-winning Nashville-based architecture firm ESa, while the contemporary interiors are crafted by INC Architecture & Design, the New York-based specialists in high-rise luxury residential and hospitality design.
The hotel will occupy the lower floors of the 28-story tower and feature an array of sophisticated amenities, including a double-height restaurant and signature bar, a stylish lobby lounge, and a 50-foot heated saltwater pool with cabanas and a wraparound pool deck offering bar and restaurant service with skyline views. Additional offerings include elegant event spaces, meeting rooms, and a serene spa – all delivered with EDITION’s world-class service.
“We are pleased to support Tidal Real Estate Partners in bringing the EDITION brand to Nashville, a market that continues to see extraordinary growth in both hospitality and residential demand. The Nashville EDITION is the type of design-forward, experiential project that elevates an entire neighborhood, and this financing reflects our conviction in both the long-term strength of The Gulch and Tidal’s ability to deliver a truly landmark development.”
Josh Zegen, Managing Principal and Co-Founder of Madison Realty Capital.
Crowning the top 15 floors of the building, The Residences at The Nashville EDITION will include 84 private condominium residences ranging from one to four-bedrooms, including two expansive half-floor penthouses. In addition to best-in-class amenities, residence owners will enjoy an exclusive suite of resident-only amenities including a private fitness center, sports simulator, expansive outdoor terrace, lounges, a game/screening room, a private dining room with catering kitchen, and valet parking.
Residents also benefit from access to the EDITION Hotel services, including 24-hour white-glove concierge and security, personal training, special event planning, in-residence dining and spa treatments, and priority access to the hotel’s multiple planned food and beverage venues.
“This loan marks another successful collaboration with Madison, alongside KSL Capital Partners and Tidal Real Estate Partners. Nashville continues to establish itself as one of the country’s most dynamic hospitality markets, and The Nashville EDITION represents the level of best-in-class development we are committed to supporting.”
Neil Luthra, Founding Partner of Newbond Holdings.
Marketing for The Residences at The Nashville EDITION is being exclusively handled by Corcoran Sunshine Marketing Group, with sales overseen by Corcoran Reverie. A sales and presentation gallery is now open by appointment at 1108 Grundy Street, Nashville, TN 37203.
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