The Radical & Zelda Dearest

The Radical & Zelda Dearest

90 KEYS | ADAPTIVE REUSE | BOUTIQUE HOTEL PORTFOLIO

90 KEYS | ADAPTIVE REUSE | BOUTIQUE HOTEL PORTFOLIO

Equity Structure

Upside Preferred Equity

Investment Date

January 2022

Location

Asheville, NC

Two adaptive-reuse hotels in Asheville's two most distinctive neighborhoods: The Radical in the River Arts District, on the banks of the French Broad River, and Zelda Dearest on the South Slope, the city's craft-beverage core. Both sit within walking distance of downtown. The Blue Ridge Mountains cap developable land which creates a permanent ceiling on hotel supply. The Radical is a Tapestry affiliated brand while Zelda Dearest is part of the Small Luxury Hotels designation, both under the Hilton umbrella.

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