{"id":254968,"date":"2026-05-02T04:26:11","date_gmt":"2026-05-02T04:26:11","guid":{"rendered":"https:\/\/www.newsbeep.com\/us-fl\/254968\/"},"modified":"2026-05-02T04:26:11","modified_gmt":"2026-05-02T04:26:11","slug":"tampa-hotel-owners-borrow-94-million-in-refinance","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us-fl\/254968\/","title":{"rendered":"Tampa hotel owners borrow $94 million in refinance"},"content":{"rendered":"<p id=\"h942319-p1\" class=\"permalinkable\">Newbound Holdings and Apollo Global Real Estate Management, the owners of a downtown Tampa hotel, have refinanced the property for $94.36 million.<\/p>\n<p id=\"h942319-p2\" class=\"permalinkable\">The seven-story, 281-room property on the city\u2019s Riverwalk is the Hotel Cala.\u00a0<\/p>\n<p><img decoding=\"async\" alt=\"The owners of Hotel Cala along the Riverwalk in Tampa are renovating the property after taking out a $94 million loan.\" class=\"media-element file-default fr-fic fr-dii\" src=\"https:\/\/www.newsbeep.com\/us-fl\/wp-content\/uploads\/2026\/05\/Hotel-Cala_t850.jpg\" title=\"The owners of Hotel Cala along the Riverwalk in Tampa are renovating the property after taking out a $94 million loan.\"\/><\/p>\n<p>The owners of Hotel Cala along the Riverwalk in Tampa are renovating the property after taking out a $94 million loan.<\/p>\n<p>Courtesy image<\/p>\n<p id=\"h942319-p3\" class=\"permalinkable\">Bain Capital and Smith Hill Capital are the lenders. Terms were not disclosed.<\/p>\n<p id=\"h942319-p4\" class=\"permalinkable\">The Newmark Group, which arranged and announced the loan, says the money will go toward repositioning the property, which includes a full renovation and putting it under the Curio Collection by Hilton flag. (The Curio Collection is made up upscale independent hotel properties.)<\/p>\n<p id=\"h942319-p5\" class=\"permalinkable\">The work, Newmark says in a statement, will include upgrading guestrooms, meeting spaces and amenity offerings, as well as a flagship food and beverage concept.<\/p>\n<p id=\"h942319-p6\" class=\"permalinkable\">Newbound and Apollo bought the then Hotel Tampa Riverwalk in 2022 for $45 million according to Hillsborough County property records.<\/p>\n<p id=\"h942319-p7\" class=\"permalinkable\">Newmark\u2019s Jordan Roeschlaub, Nick Scribani, Ricky Braha, Tyler Dumon and Tate Keir secured the financing.<\/p>\n<p>\u00a0<\/p>\n","protected":false},"excerpt":{"rendered":"Newbound Holdings and Apollo Global Real Estate Management, the owners of a downtown Tampa hotel, have refinanced the&hellip;\n","protected":false},"author":2,"featured_media":254969,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[10],"tags":[135,137,136],"class_list":["post-254968","post","type-post","status-publish","format-standard","has-post-thumbnail","category-tampa","tag-tampa","tag-tampa-headlines","tag-tampa-news"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/posts\/254968","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/comments?post=254968"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/posts\/254968\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/media\/254969"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/media?parent=254968"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/categories?post=254968"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/tags?post=254968"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}