NASHVILLE, Tenn.--(BUSINESS WIRE)--Four Seasons Hotel and Private Residences Nashville development partners, The Congress Group Inc. and AECOM Capital, announced today another $120 million in sales.
This being only the second sales period, and the first real estate release having set a record with $80 million in sales, the project's developers believe this announcement to be one of the most momentous real estate releases in Nashville’s history, further underscoring the city’s transition into an urban focal point.
“Our Spring Release proved, once again, that our project is striking a chord with Nashville,” said Marie-Laure Frère, Director of Sales. “Our building is shepherding the 5-star experience, setting a new standard of downtown living and proving that Nashville is ready for real estate of this caliber.”
Added Frère, “With two real estate releases now completely sold out, demand only continues to build. I am looking forward to the opportunity to focus on the Nashville market this summer ahead of the launch of our upcoming marketing campaign.”
The project’s construction, led by AECOM Hunt, has continued to advance on schedule, tracking for Q2 2022 move-ins for residence owners. The formal topping-off of the 40-story building occurred on May 27th, three days ahead of schedule.
Four Seasons Hotel and Private Residences Nashville is a five-star, full service hotel with 236 keys, a world-class spa, an array of lavish amenities, and 143 Private Residences.
Four Seasons Private Residences will have a dedicated Four Seasons staff, exclusive entrance, private sky garden, fitness studio, owner’s lounge, multimedia room plus access to all Four Seasons Hotel amenities and services.
To inquire on future Four Seasons Private Residences Nashville releases, or to request an appointment to learn more about the opportunity to live at Four Seasons Private Residences Nashville, please visit nashvilleprivateresidences.com. Frère can be contacted at email@example.com.
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About Congress Group
Congress Group is a leading commercial real estate investment and development firm, having successfully acquired, developed, re-positioned and/or entitled and managed over 7 million square feet of real estate over the past 35 years, valued at over $1.5 billion. Alongside a solid wealth of knowledge and expertise, our in-house talent and energy set us apart. The company’s mindset is as important as its achievements; we embrace challenge as well as opportunity and approach each project with a passion and entrepreneurial spirit that drive projects forward to successful completion. For more information, visit https://www.congressgroup.com/.
About AECOM Capital
Founded in 2013, AECOM Capital (“ACAP”) is the real estate investment management arm of the world's trusted infrastructure consulting firm AECOM. ACAP has developed over 10 million gross square feet of real estate across various property types and geographic regions, totaling over $4.5 billion in gross asset value. AECOM Capital leverages AECOM’s vast resources across all engineering, design and construction management services for deal flow, due diligence, execution and project delivery. AECOM is a Fortune 500 firm and its Professional Services business had revenue of $13.2 billion in fiscal year 2020. See how we are delivering sustainable legacies for generations to come at www.aecomcapital.com.
About Junius® Real Estate Partners
Junius, a Partner in the Four Seasons Hotel and Private Residences Nashville, is the boutique investment unit of J.P. Morgan Private Bank, a division of JPMorgan Chase & Co. (“JPMC”). Formed in 2011, Junius is a value creation investor with expertise in the acquisition, development, financing, ownership and operation of institutional-quality commercial, hotel and residential properties in primary and secondary markets throughout the U.S. Since 2012, Junius has executed investments representing approximately $3.8 billion in gross transaction value.
About Four Seasons Hotels and Resorts
Four Seasons Hotels and Resorts opened its first hotel in 1961, and since that time has been dedicated to perfecting the travel experience through continual innovation and the highest standards of hospitality. Currently operating 119 hotels and resorts, and 44 residential properties in major city centres and resort destinations in 47 countries, and with more than 50 projects under planning or development, Four Seasons consistently ranks among the world's best hotels and most prestigious brands in reader polls, traveller reviews and industry awards. For more information and reservations, visit fourseasons.com. For the latest news, visit press.fourseasons.com and follow @FourSeasonsPR on Twitter.