
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.