facebook
Traded Co logo
Submit a Deal
3101 Bayshore Blvd, Tampa
FINANCED

Related Group Secures $135.9M Loan From CIBC Bank For Ritz-Carlton Residences Tampa

3101 Bayshore Blvd, Tampa

Development Site
clock iconFinanced 45 days ago
the dealplayerscompscontact
share iconContact now

Summary

Loan
FLORIDA
Development Site

The Ritz-Carlton Residences Tampa project, located at 3101 Bayshore Boulevard in Tampa, is a development site along Hillsborough Bay. The project consists of two towers and 12 townhome villas, with construction on Phase II commencing in November 2023.

Summary of transaction details:

  • Property Type: Development Site
  • Transaction Amount: $135,900,000
  • Lender: CIBC Bank USA
  • Landlord: Jorge Pérez - Related Group
  • Market: Tampa
  • Asset Type: Development Site
  • Date: 06/06/2024
  • Address: 3101 Bayshore Boulevard

Related Group secured a $135.9 million loan from CIBC Bank USA for the Ritz-Carlton Residences Tampa project. The landlord of the property is Jorge Pérez, who represents the Related Group in this transaction.

Players

  • All

    1

  • Lenders

    1

CIBC Bank USA's profile picture
CIBC Bank USA
CIBC Bank USA

Details

Deal Summary
minus icon
FINANCED
IMAGE: Jorge Pérez DATE: 06/06/2024 ADDRESS: 3101 Bayshore Boulevard MARKET: Tampa ASSET TYPE: Development Site LENDER: CIBC Bank USA (@CIBC_US) LANDLORD: Jorge Pérez - Related Group (@Related_Group) LOAN AMOUNT: $135,900,000 NOTE: Related Group secured a $135.9 million loan from CIBC Bank USA for their Ritz-Carlton Residences Tampa project, according to Hillsborough County records. The development, situated along Hillsborough Bay on Bayshore Boulevard, is comprised of two towers and 12 townhome villas with construction on Phase II that started in November 2023.

View on map

Loading...

Address3101 Bayshore Blvd, Tampa

Comparables

No listingsThis user does not have deals with the selected filters yet.
Reset filters to show results.