Sheraton Tampa Brandon Hotel Secures $20M Loan: Financing for Expansion

Sheraton Tampa Brandon Hotel Secures $20M Loan: Financing for Expansion

JLL Capital Markets arranged a $20.07 million loan for the Sheraton Tampa Brandon Hotel, a 266-key full-service hotel in Tampa, FL. Representing the borrower Linchris Hotel Corporation, JLL secured financing through Ready Capital to support this property which features 32,175 square feet of meeting and event space with an 8133-square foot ballroom capable of accommodating 400 people. Additionally it offers guests amenities such as a restaurant and bar, swimming pool and fitness center as well as business center facilities.

Located at 10221 Princess Palm Ave., the hotel is conveniently situated off I-75 south of I-4 providing easy access to downtown Tampa 9 miles away along with other attractions like Adventure Island or Busch Gardens 15 miles from the nearby airport. The JLL team was led by Senior Directors Amy Lousararian and Henry Schaffer plus Director Jason Skalko who successfully facilitated this transaction on behalf of their clientele .

About the Publisher:
Steve Griffin is based in sunny Palm Harbor, Florida. He’s an accountant by profession and the owner of GRIFFIN Tax and REVVED Up Accounting. In addition, Steve founded Madison Avenue Technology. With a strong passion for commercial real estate, he’s also dedicated to keeping you up to date with the latest industry news.

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