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510 Water Street
FINANCED

PGIM Real Estate Provides $150M Loan For 510 Water St Hotel In Tampa

510 Water Street

Hotel
clock iconFinanced 1 year ago
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Summary

Loan
FLORIDA
Hotel

The hotel located at 510 Water St in Tampa has been involved in a recent closed transaction. The property encompasses 56 acres and consists of 519 keys.

Summary of transation details

  • Property Type: Hotel
  • Transaction Amount: $150,000,000
  • Address: 510 Water St
  • Market: Tampa
  • Keys: 519
  • Acreage: 56 acres

The lender for this transaction was PGIM Real Estate, represented by Eric Adler. They provided a loan amount of $150,000,000 for the hotel. The loan terms stipulate that only interest payments are required throughout the entire 10-year term.

Details

Deal Summary
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FINANCED
IMAGE: Eric Adler DATE: 07/29/2022 ADDRESS: 510 Water St MARKET: Tampa ASSET TYPE: Hotel ~ KEYS: 519 ~ ACRES: 56 LENDER: PGIM Real Estate - Eric Adler LOAN AMOUNT: $150,000,000 LOAN TERMS: only interest payments for its entire 10-year term

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Address510 Water Street

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