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HFF Arranges $360M in Debt and Equity for the Development of the Four Seasons Hotel and Private Residences Nashville

BOSTON–(BUSINESS WIRE)–lt;a href="https://twitter.com/search?q=%24HF&src=ctag" target="_blank"gt;$HFlt;/agt; lt;a href="https://twitter.com/hashtag/CRE?src=hash" target="_blank"gt;#CRElt;/agt;–Holliday Fenoglio Fowler, L.P. (HFF) announces that it has arranged $360
million in debt and equity financing for the development of the Four
Seasons Hotel and Private Residences Nashville, a luxury mixed-use hotel
and for-sale residential project in downtown Nashville, Tennessee. Both
the hotel and the for-sale residential units will be branded and
operated by Four Seasons Hotels and Resorts.

HFF worked on behalf of the developers, The Congress Group, Inc. and
AECOM Capital.

Located at 151 First Avenue South, the exclusive mixed-use development
will include 232 five-star hotel rooms, luxury for-sale residential
units, approximately 10,000 square feet of retail space and a 368-space
parking garage. Residences will feature exquisite interior finishes,
floor-to-ceiling windows with views of downtown Nashville, open-concept
living areas alongside best-in-class amenities and luxury service that
will redefine luxury living and exclusivity in Nashville. Construction
will begin in second quarter 2019.

The project will overlook the Cumberland River as well as the adjacent
Ascend Amphitheatre and is just across the John Seigenthaler pedestrian
bridge from Nissan Stadium, home of the Tennessee Titans. Additionally,
residents and guests will enjoy ease of access to Lower Broadway and
Second Avenue, which serve as home to the city’s quintessential live
music venues, restaurants and nightlife, including the Nashville Music
City Center. The project is also less than a 15-minute drive from four
out of the five top employers in Nashville, including Pinnacle Financial
Partners and Bridgestone.

The HFF debt and equity placement team representing the developers
consisted of senior managing directors Riaz Cassum and Danny Kaufman,
senior associate Robyn King and associates Andrew Gray and Mary Dooley.

“This transaction garnered strong interest from both lenders and equity
investors due to the strength of the sponsorship and their vision for a
world-class, luxury development on the best site in Nashville,” said
Cassum. “The arrival of Four Seasons to Nashville speaks volumes to the
attractiveness of the city as a destination for both leisure and
business as well as one of the most desirable places to live in the
country.”

About The Congress Group, Inc.

The Congress Group, Inc. (“Congress”) is a privately-held real estate
development, construction, property/asset management and investment
company. Founded in 1980, Congress has grown to be one of New England’s
leading commercial real estate and development firms, with a presence
along the Eastern Seaboard. Congress has been responsible for the
design, development and construction of approximately eight million
square feet of office, residential, retail, hotel and structured parking
projects. It has made the reuse of complex central city sites a
specialty, establishing new, high profile landmarks on underutilized
spaces. A leader in value-added real estate developments, Congress has
many notable projects, including 28 State Street and 33 Arch Street in
Boston, Massachusetts.

About AECOM Capital

AECOM Capital is an investor and developer of real estate and other
large-scale projects across North America and select international
markets. Targeting high-quality, risk-adjusted investments, AECOM
Capital leverages AECOM’s vast resources across all engineering, design
and construction services for deal flow, due diligence, execution and
project delivery. AECOM Capital has a total development value of over
$4.5 billion across approximately 11 million square feet. As part of
AECOM, a fully integrated global infrastructure firm, we connect
knowledge and experience across a global network of experts to help
clients solve their most complex challenges. A Fortune 500 firm, AECOM
had revenue of approximately $20.2 billion during fiscal year 2018. See
how we deliver what others can only imagine at www.aecomcapital.com.

About HFF

HFF and its affiliates operate out of 26 offices and are a leading
provider of commercial real estate and capital markets services to the
global commercial real estate industry. HFF, together with its
affiliates, offers clients a fully integrated capital markets platform,
including debt placement, investment advisory, equity placement, funds
marketing, M&A and corporate advisory, loan sales and loan servicing.
HFF, HFF Real Estate Limited, HFF Securities L.P. and HFF Securities
Limited are owned by HFF, Inc. (NYSE: HF). For more information, please
visit hfflp.com
or follow HFF on Twitter @HFF.

Contacts

RIAZ CASSUM
HFF Senior Managing Director
(617) 338-0990
[email protected]

DANNY KAUFMAN
HFF Senior Managing Director
(312)
528-3650
[email protected]

KRISTEN MURPHY
HFF Director, Public Relations
(617)
338-0990
[email protected]

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