Amy Lousararian |
BOSTON, MA – JLL Capital Markets has arranged $20.07 million in financing for the Sheraton Tampa Brandon, a 266-key, full-service hotel in Tampa, Florida.
JLL represented
the borrower, Linchris Hotel Corporation, to secure the loan through the
lender, Ready Capital.
The JLL Capital Markets team was led by Senior Directors Amy Lousararian and Henry Schaffer and Director Jason Skalko.
Henry Schaffer |
It also features
32,175 square feet of meeting and event space highlighted by an
8,133-square-foot grand ballroom, which can hold up to 400 people.
Located at 10221
Princess Palm Ave., the hotel is directly off I-75 and slightly south of I-4,
which are the two main highway arteries that connect the hotel to downtown
Tampa.
Jason Skalko |
Additionally, the
hotel is directly adjacent to large office complexes occupied by Citi Bank and
JPMorgan.
The Tampa-St.
Petersburg-Clearwater metropolitan area is a premier location for business,
tourism and residence. The Tampa Bay market has been one of the best performing
markets in the U.S. since 2020.
For more news, videos and research resources, please visit JLL’s newsroom.
CONTACT:
Alli Semans
PR, Hotels & Hospitality, Capital Markets
JLL
M +1 330 329 6750
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