Newmark Secures $94.36 Million Loan for Hotel Cala Refinance and Rebranding in Downtown Tampa
💵 Newmark arranged a $94.36 million loan for Newbond Holdings and Apollo to refinance Hotel Cala, a 281-key property in Tampa, Florida. The financing was provided by Bain Capital and Smith Hill Capital. Hotel Cala, formerly Hotel Tampa Riverwalk, is undergoing a full renovation and rebranding under the Curio Collection. Located along the Tampa Riverwalk, it offers access to key sites like the Tampa Convention Center and the $3.5 billion Water Street development.
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