Nashville Hotel Sells for $70M While Debt Pressure Hits Alexandria

EPR Properties bought the Margaritaville Hotel Nashville for $70 million, while Lodging Capital Partners acquired the Hilton Alexandria Old Town in Virginia for $58 million.

The Nashville sale reflects demand for lifestyle hotels in strong leisure markets. The Alexandria deal shows a different trend: some owners are selling assets at lower prices to reduce debt or clean up their portfolios.

Nashville shows the strength of leisure and event-driven hotels

The Margaritaville Hotel Nashville sits in SoBro, one of downtown Nashville’s main hospitality areas. The district benefits from music tourism, nightlife, restaurants, conventions, and weekend leisure demand.

The property opened in 2019 and includes 166 hotel rooms, rooftop amenities, event space, and Margaritaville-branded dining concepts. The wider building includes 52 Margaritaville Vacation Club units, though the hotel sale focused on the hotel asset.

For EPR Properties, the purchase fits its focus on experiential real estate. The company owns assets linked to leisure, entertainment, and consumer experiences. A branded hotel in downtown Nashville fits that strategy because it offers both lodging and a clear lifestyle concept.

Alexandria shows how debt pressure is resetting hotel prices

The Hilton Alexandria Old Town sale had a different meaning. Ashford Hospitality Trust sold the 252-room hotel for $58 million in cash and used part of the proceeds to repay mortgage debt tied to the property.

The price also shows how much values have changed for some urban and business-oriented hotels. The property reportedly sold for $111 million in 2018, meaning the 2026 sale came at roughly half of its previous price.

The same pattern is visible in Ashford Hospitality Trust’s $58 million sale of the Hilton Alexandria Old Town, where the company used the transaction to reduce debt while the buyer gained a well-located hotel at a much lower valuation.

Photo by abdullah ali on Unsplash