Newmark Arranges Loan to Refinance Hotel Cala
Newmark announced that the company has arranged a $94.36 million loan on behalf of Newbond Holdings and Apollo (collectively, the “Sponsor”) to refinance Hotel Cala, a 281-key property in downtown Tampa, Florida. The financing was provided by Bain Capital and Smith Hill Capital and was secured by Newmark Co-President, Global Debt & Structured Finance Jordan Roeschlaub, Vice Chairman Nick Scribani, Senior Managing Director Ricky Braha, Managing Director Tyler Dumon, and Associate Tate Keir. Hotel Cala, […]
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