Zelda Dearest

Zelda Dearest

20 KEYS | ADAPTIVE REUSE | BOUTIQUE HOTEL

20 KEYS | ADAPTIVE REUSE | BOUTIQUE HOTEL

Equity Structure

Upside Preferred Equity

Investment Date

January 2022

Location

Asheville, NC

Zelda Dearest restores three historic houses, the oldest dating to 1890, on a hillside stretch of Biltmore Avenue in the South Slope, the former warehouse district that became Asheville’s brewing quarter. The Orange Peel, the city’s best-known music venue, is next door, and downtown is a short walk away. The hotel takes its name from Zelda Fitzgerald, who spent the last decade of her life in Asheville.

Let’s start a conversation

Let’s start a conversation

Let’s start a conversation