Mast Capital Secures $72.5M Refinance Loan For Hotel At 5700 Saddlebrook Way

5700 Saddlebrook Way

$72,500,000

$72,500,000/SF

Building Size

1 SF

Asset Type

Hotel

Closing

Dec 13, 2024

AI

The property asset involved in this transaction is a hotel located at 5700 Saddlebrook Way in Wesley Chapel. The asset has keys totaling 495 and is associated with a refinance loan amounting to $72,500,000.

Summary of transaction details:

Property Type: Hotel
Transaction Amount: $72,500,000
Lender: Shin Bowers & Andrew Chen - Beach Point Capital
Landlord: Mast Capital
Brokers: Chris Drew, Brian Gaswirth, Paul Adams, Nicole Barba & Jeff Bucaro - JLL
Loan Type: Refinance
Date: 12/13/2024

The deal involves key individuals such as Shin Bowers and Andrew Chen, who represent Beach Point Capital as the lenders for the transaction. The brokers facilitating this deal include Chris Drew, Brian Gaswirth, Paul Adams, Nicole Barba, and Jeff Bucaro, representing JLL in the process.

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