Blog Archives
Chicago Investor Secures $53 Million in Financing for The Godfrey Hotel and Cabanas Tampa
Chicago-based hotel investor Oxford Capital Group secured a $ 53 million non-recourse ramp loan for The Godfrey Hotel and Cabanas Tampa located at 7700 West Courtney Campbell Causeway in Tampa, Florida. Jordan Ray, Ari Hirt, Alex Draganiuk and Justin Hunt of Mission Capital Advisors arranged the financing for the borrower, securing a floating-rate loan with […]
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Local Investor Secures $9 Million Refi for Holiday Inn Express in Lake Wales
A private investor taking title as Lake Wales Hotels & Resorts LLC secured a $ 9 million non-recourse commercial mortgage-backed securities (CMBS) permanent loan to refinance the Holiday Inn Express at 2953 Ridge Way in Lake Wales, FL. Aries Conlon Capital senior vice president Francisco Nacorda originated and arranged the 10-year, fixed-rate loan, which closed […]
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Ryan Companies Secures $16.7M in Construction Financing for Senior Living Community in Sarasota
Ryan Companies U.S., Inc. secured $ 16.699 million in construction financing for the planned development of the Grand Living at Lakewood Ranch senior living facility at 7230 University Pky in Sarasota, FL. David Fasano, Sarah Anderson, Ryan Maconachy and Chad Lavender of HFF arranged the financing on behalf of the borrower. With financing in place, […]
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FLF Real Estate Secures Acquisition Financing for Carlton Arms of Bradenton
FLF Real Estate secured $ 76 million in acquisition financing for the Carlton Arms of Bradenton apartments at 5200 Riverfront Dr. in Brandenton, FL. Elliott Throne, managing director with Holliday Fenoglio Fowler (HFF) LP’s debt placement team arranged the 10-year, fixed-rate loan on behalf of the borrower. “The borrower benefitted from a very aggressive Freddie […]
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Sarasota Floridian Secures Construction Financing for Floridian Club of Sarasota
Sarasota Floridian LLC secured a $ 44.8 million construction loan for its proposed The Floridian Club of Sarasota apartments located at 2445 E. Venice Ave. in Venice, FL. Ben Jacobson of Trez Forman Capital Group arranged the financing on behalf of the borrower. “We are bullish on housing aimed at baby boomers,” said Brett Forman, […]
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