Main Navigation

Sections

Social Media Connect
Our Other Brands
TBBW
Tampa Bay Business & Wealth
Local Buzz

CBRE Capital Markets arranges $57.5 million in refinancing for Art Ovation, Marriott Autograph Collection

| Jo-Lynn Brown

CBRE has secured $57.5 million in refinancing for the Art Ovation, Marriott Autograph Collection, in downtown Sarasota.

Eric Fixler and Chandler Kaye, with CBRE Capital Markets, worked on behalf of the borrower to arrange a 10-year commercial mortgage-backed securities loan, with two years of interest-only payments, according to a statement.

The hotel, located at 1255 N. Palm Ave., was developed by the Prime Hospitality Group. It opened in 2018 and features the Perspective Rooftop Bar, more than 10,000 square feet of meeting space and restaurants with views of Sarasota, the marina and Bayfront Park.

You May Also Like

More Local Buzz Posts
Older Lundy Koch & Martino partner to be installed as next president-elect for the Hillsborough County Bar Association
 |  Jo-Lynn Brown

Anthony D. Martino, a partner with Older Lundy Koch & Martino, will be installed as the next president-elect for the Hillsborough County Bar Association. His previous roles on the HCBA board include service on the Board of Directors Young Lawyers Division from 2008 until 2016 and as the President of the Young Lawyers Division from

Cannabis company Fluent moves headquarters to Tampa
 |  Jo-Lynn Brown

Cansortium (CSE: TIUM.U) (OTCQX: CNTMF), a multi-state cannabis company operating under the Fluent brand, plans to move its headquarters from Miami to the Westshore District of Tampa. Over the next four months, Fluent plans to create more than 30 new jobs in administration, finance, human resources, marketing, sales, operations and other key roles, with an

Port Tampa Bay approves new lease agreement with Glovis
 |  Jo-Lynn Brown

The new agreement adds approximately 10.5 acres of vehicle storage area and 33,000 square feet of warehouse space for a vehicle-processing center.

Facial plastic surgery center to celebrate grand opening with a charitable angle
 |  Jo-Lynn Brown

Anthony Aesthetics Facial Plastic Surgery will celebrate its grand opening on May 25. Dr. Charles Anthony, II, owner of Anthony Aesthetics grew up in the Tampa Bay area and, previously, was part of a large practice in Sarasota. “I knew I wanted to set up a practice in the Tampa or St. Petersburg market because

Other Posts

Global executive coaching and leadership consultancy relocates to Tampa from London
 |  Jo-Lynn Brown

Newmanity, a leadership consultancy, plans to relocate from London to Tampa due to the business growth in South Florida, according to a statement. Newmanity has experience working with the world’s biggest brands including Mcdonald’s, Lego and Reckitt, the statement said. Newmanity is an executive coaching and leadership consultancy that works at the intersection of business,

St. Croix Capital Companies enters Tampa market with building acquisition
 |  Jo-Lynn Brown

St. Croix Capital Companies, an Austin-based commercial real estate firm, has entered the Tampa market with the acquisition of 303 N. Rome Avenue, in Tampa’s North Hyde Park. The 6508-square-foot building, acquired in December, is home to three tenants including Rome & Fig Global Bistro, Bottlesmith and Synergistiq Wellness. “Location, tenant quality and remaining term

The newly built Subaru of Wesley Chapel is now open (PHOTOS)
 |  Jo-Lynn Brown

After more than a year under construction, the Tampa Bay area’s largest Subaru retailer, and Subaru service center, Subaru of Wesley Chapel, is open for business. By inventory availability, more than 250 new Subaru vehicles in its first full allocation, and service center capacity, more than 30 service bays, Subaru of Wesley Chapel is the

Pitney Bowes to open global business services center in Tampa
 |  Jo-Lynn Brown

Pitney Bowes, a global shipping and mailing company that provides technology, logistics and financial services, has announced plans to open a new global business services center in Tampa. The new office is 14,000 square feet and is located in the Westshore District, with the capacity to house more than 100 staff, according to a statement.