Real Estate

$58 Million Loan Given for New Braves Stadium Omni Hotel

The 16-story hotel will anchor the $1 billion Battery Atlanta at SunTrust Park.

SMYRNA, GA — A $58 million loan has been given for the new Omni Hotel at The Battery Atlanta, the mixed use development that will anchor SunTrust Park.

The 16-story, 264-room hotel will anchor the $1 billion mixed-use village, reports REBusiness Online.

The hotel will feature 12,000 square feet of meeting space, a restaurant with rooftop seating, outdoor pool with a deck and bar, fitness center, wine and coffee bar, retail outlets on the third floor and concierge services.

Find out what's happening in Smyrna-Viningsfor free with the latest updates from Patch.

Whitaker Johnson and Jim Curtin led the HFF team in arranging the 42-month loan through U.S. Bank on behalf of the borrowers, TRT Holdings Inc. and Braves Development Co. LLC.

SunTrust Park is set to open in spring 2017.

Find out what's happening in Smyrna-Viningsfor free with the latest updates from Patch.

Get more local news delivered straight to your inbox. Sign up for free Patch newsletters and alerts.