{"id":1004147090,"date":"2016-07-01T01:51:34","date_gmt":"2016-07-01T09:51:34","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004147090"},"modified":"2022-03-03T16:51:19","modified_gmt":"2022-03-04T00:51:19","slug":"hff-secures-major-refi-for-tampa-beachfront-hotel","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/hff-secures-major-refi-for-tampa-beachfront-hotel\/","title":{"rendered":"HFF Secures Major Refi for Tampa Beachfront Hotel"},"content":{"rendered":"

By Robert Demeter<\/em><\/p>\n

\"Sheraton<\/a>

Sheraton Sand Key Resort<\/em><\/p><\/div>\n

Tampa<\/strong>\u2014HFF<\/a> recently announced that the company has secured a $41.79 million refinancing deal for Sheraton Sand Key Resort<\/a>, a 390-key, full-service, resort-style, beachfront hotel located in Clearwater Beach, Fla.<\/p>\n

HFF worked on behalf of the borrower to place the five-year, fixed-rate loan with BankUnited<\/a>. The HFF debt placement team representing the borrower was led by Daniel Peek, senior managing director and head of HFF\u2019s hotel group, and Associate Directors Scott Wadler, Preston Reid and Alexandra Lalos.<\/p>\n

Situated on a 21.1-acre parcel at 1160 Gulf Boulevard, The Sheraton Sand Key Resort features a 360-degree water view of both the Gulf of Mexico and the Intracoastal Waterway. The hotel is adjacent to Sand Key Park, and has beachfront access to more than 500 linear feet of Clearwater Beach, which was recently named the Best Beach in the United States in 2016 by TripAdvisor.<\/p>\n

\u201cLenders were attracted to the hotel\u2019s generational ownership and management team, as well as its expansive, 10-acre beachfront on Sand Key,\u201d said Wadler in a prepared statement.<\/p>\n

The nine-story Sheraton Sand Key Resort features 24,000 square feet of indoor and outdoor function space. Amenities include an outdoor pool overlooking the beach, fitness center, spa services, tennis and beach volleyball courts, whirlpool, apparel and gift shop and five food and beverage options, including Rusty\u2019s Bistro, Island Grille, Poolside Caf\u00e9 and Mainstay Tavern.<\/p>\n

\u201cThe beaches of Pinellas County continue to earn national and international accolades, and, with its recent comprehensive renovation, the Sheraton Sand Key Resort is well positioned to capitalize on the millions of annual visitors coming to the area,\u201d added Reid.<\/p>\n

Over the past several months, HFF secured financing for several properties, including $55 million refinancing<\/a> for a 202-key hotel in Denver<\/a>, a $51 million refinancing<\/a> for a Boston<\/a> biotech company, and a $43 million refinancing<\/a> for a 32-story office tower in Atlanta<\/a> among others.<\/p>\n

Courtesy photo<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

Sheraton Sand Key Resort has beachfront access to more than 500 linear feet of Clearwater Beach, recently named the Best Beach in the U.S. in 2016 by TripAdvisor.<\/p>\n","protected":false},"author":59,"featured_media":1004147094,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21743,21825,21751,21742,1612],"tags":[],"class_list":["post-1004147090","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-deals","category-finance","category-hotel","category-latest","category-tampa"],"acf":[],"yoast_head":"\nHFF Secures Major Refi for Tampa Beachfront Hotel - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/hff-secures-major-refi-for-tampa-beachfront-hotel\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"HFF Secures Major Refi for Tampa Beachfront Hotel\" \/>\n<meta property=\"og:description\" content=\"Sheraton Sand Key Resort has beachfront access to more than 500 linear feet of Clearwater Beach, recently named the Best Beach in the U.S. in 2016 by TripAdvisor.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/hff-secures-major-refi-for-tampa-beachfront-hotel\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2016-07-01T09:51:34+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-03-04T00:51:19+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/06\/1466606543_hff.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"800\" \/>\n\t<meta property=\"og:image:height\" content=\"358\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Robert Demeter\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/hff-secures-major-refi-for-tampa-beachfront-hotel\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/hff-secures-major-refi-for-tampa-beachfront-hotel\\\/\"},\"author\":{\"name\":\"Robert Demeter\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#\\\/schema\\\/person\\\/1b890baecdbd25af52e3a730ac8cff6f\"},\"headline\":\"HFF Secures Major Refi for Tampa Beachfront Hotel\",\"datePublished\":\"2016-07-01T09:51:34+00:00\",\"dateModified\":\"2022-03-04T00:51:19+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/hff-secures-major-refi-for-tampa-beachfront-hotel\\\/\"},\"wordCount\":326,\"commentCount\":0,\"image\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/hff-secures-major-refi-for-tampa-beachfront-hotel\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2016\\\/06\\\/1466606543_hff.jpg\",\"articleSection\":[\"Deals\",\"Finance\",\"Hotel\",\"News\",\"Tampa\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/hff-secures-major-refi-for-tampa-beachfront-hotel\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/hff-secures-major-refi-for-tampa-beachfront-hotel\\\/\",\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/hff-secures-major-refi-for-tampa-beachfront-hotel\\\/\",\"name\":\"HFF Secures Major Refi for Tampa Beachfront Hotel - Commercial Property Executive\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/hff-secures-major-refi-for-tampa-beachfront-hotel\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/hff-secures-major-refi-for-tampa-beachfront-hotel\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2016\\\/06\\\/1466606543_hff.jpg\",\"datePublished\":\"2016-07-01T09:51:34+00:00\",\"dateModified\":\"2022-03-04T00:51:19+00:00\",\"author\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#\\\/schema\\\/person\\\/1b890baecdbd25af52e3a730ac8cff6f\"},\"breadcrumb\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/hff-secures-major-refi-for-tampa-beachfront-hotel\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/hff-secures-major-refi-for-tampa-beachfront-hotel\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/hff-secures-major-refi-for-tampa-beachfront-hotel\\\/#primaryimage\",\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2016\\\/06\\\/1466606543_hff.jpg\",\"contentUrl\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2016\\\/06\\\/1466606543_hff.jpg\",\"width\":800,\"height\":358,\"caption\":\"Sheraton Sand Key Resort\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/hff-secures-major-refi-for-tampa-beachfront-hotel\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"HFF Secures Major Refi for Tampa Beachfront Hotel\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#website\",\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/\",\"name\":\"Commercial Property Executive\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#\\\/schema\\\/person\\\/1b890baecdbd25af52e3a730ac8cff6f\",\"name\":\"Robert Demeter\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/f2e4ddc660cf0d4243b4032a150ba1b9a1933224e3dacd59315bee8b1869a756?s=96&d=mm&r=g\",\"url\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/f2e4ddc660cf0d4243b4032a150ba1b9a1933224e3dacd59315bee8b1869a756?s=96&d=mm&r=g\",\"contentUrl\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/f2e4ddc660cf0d4243b4032a150ba1b9a1933224e3dacd59315bee8b1869a756?s=96&d=mm&r=g\",\"caption\":\"Robert Demeter\"},\"description\":\"Robert is a copywriter at CommercialCafe and brings 3+ years of experience in commercial real estate. He previously worked as a copywriter at PropertyShark, as a senior associate editor at Commercial Property Executive and Multi-Housing News, and also wrote monthly market reports at Yardi Matrix.\",\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/author\\\/robert-demeter-2\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"HFF Secures Major Refi for Tampa Beachfront Hotel - Commercial Property Executive","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.commercialsearch.com\/news\/hff-secures-major-refi-for-tampa-beachfront-hotel\/","og_locale":"en_US","og_type":"article","og_title":"HFF Secures Major Refi for Tampa Beachfront Hotel","og_description":"Sheraton Sand Key Resort has beachfront access to more than 500 linear feet of Clearwater Beach, recently named the Best Beach in the U.S. in 2016 by TripAdvisor.","og_url":"https:\/\/www.commercialsearch.com\/news\/hff-secures-major-refi-for-tampa-beachfront-hotel\/","og_site_name":"Commercial Property Executive","article_publisher":"https:\/\/www.facebook.com\/CPExecutive","article_published_time":"2016-07-01T09:51:34+00:00","article_modified_time":"2022-03-04T00:51:19+00:00","og_image":[{"width":800,"height":358,"url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/06\/1466606543_hff.jpg","type":"image\/jpeg"}],"author":"Robert Demeter","twitter_card":"summary_large_image","twitter_creator":"@cpexecutive","twitter_site":"@cpexecutive","schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.commercialsearch.com\/news\/hff-secures-major-refi-for-tampa-beachfront-hotel\/#article","isPartOf":{"@id":"https:\/\/www.commercialsearch.com\/news\/hff-secures-major-refi-for-tampa-beachfront-hotel\/"},"author":{"name":"Robert Demeter","@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/1b890baecdbd25af52e3a730ac8cff6f"},"headline":"HFF Secures Major Refi for Tampa Beachfront Hotel","datePublished":"2016-07-01T09:51:34+00:00","dateModified":"2022-03-04T00:51:19+00:00","mainEntityOfPage":{"@id":"https:\/\/www.commercialsearch.com\/news\/hff-secures-major-refi-for-tampa-beachfront-hotel\/"},"wordCount":326,"commentCount":0,"image":{"@id":"https:\/\/www.commercialsearch.com\/news\/hff-secures-major-refi-for-tampa-beachfront-hotel\/#primaryimage"},"thumbnailUrl":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/06\/1466606543_hff.jpg","articleSection":["Deals","Finance","Hotel","News","Tampa"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/www.commercialsearch.com\/news\/hff-secures-major-refi-for-tampa-beachfront-hotel\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/www.commercialsearch.com\/news\/hff-secures-major-refi-for-tampa-beachfront-hotel\/","url":"https:\/\/www.commercialsearch.com\/news\/hff-secures-major-refi-for-tampa-beachfront-hotel\/","name":"HFF Secures Major Refi for Tampa Beachfront Hotel - Commercial Property Executive","isPartOf":{"@id":"https:\/\/www.commercialsearch.com\/news\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.commercialsearch.com\/news\/hff-secures-major-refi-for-tampa-beachfront-hotel\/#primaryimage"},"image":{"@id":"https:\/\/www.commercialsearch.com\/news\/hff-secures-major-refi-for-tampa-beachfront-hotel\/#primaryimage"},"thumbnailUrl":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/06\/1466606543_hff.jpg","datePublished":"2016-07-01T09:51:34+00:00","dateModified":"2022-03-04T00:51:19+00:00","author":{"@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/1b890baecdbd25af52e3a730ac8cff6f"},"breadcrumb":{"@id":"https:\/\/www.commercialsearch.com\/news\/hff-secures-major-refi-for-tampa-beachfront-hotel\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.commercialsearch.com\/news\/hff-secures-major-refi-for-tampa-beachfront-hotel\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.commercialsearch.com\/news\/hff-secures-major-refi-for-tampa-beachfront-hotel\/#primaryimage","url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/06\/1466606543_hff.jpg","contentUrl":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/06\/1466606543_hff.jpg","width":800,"height":358,"caption":"Sheraton Sand Key Resort"},{"@type":"BreadcrumbList","@id":"https:\/\/www.commercialsearch.com\/news\/hff-secures-major-refi-for-tampa-beachfront-hotel\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.commercialsearch.com\/news\/"},{"@type":"ListItem","position":2,"name":"HFF Secures Major Refi for Tampa Beachfront Hotel"}]},{"@type":"WebSite","@id":"https:\/\/www.commercialsearch.com\/news\/#website","url":"https:\/\/www.commercialsearch.com\/news\/","name":"Commercial Property Executive","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.commercialsearch.com\/news\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/1b890baecdbd25af52e3a730ac8cff6f","name":"Robert Demeter","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/f2e4ddc660cf0d4243b4032a150ba1b9a1933224e3dacd59315bee8b1869a756?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/f2e4ddc660cf0d4243b4032a150ba1b9a1933224e3dacd59315bee8b1869a756?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/f2e4ddc660cf0d4243b4032a150ba1b9a1933224e3dacd59315bee8b1869a756?s=96&d=mm&r=g","caption":"Robert Demeter"},"description":"Robert is a copywriter at CommercialCafe and brings 3+ years of experience in commercial real estate. He previously worked as a copywriter at PropertyShark, as a senior associate editor at Commercial Property Executive and Multi-Housing News, and also wrote monthly market reports at Yardi Matrix.","url":"https:\/\/www.commercialsearch.com\/news\/author\/robert-demeter-2\/"}]}},"jetpack_featured_media_url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/06\/1466606543_hff.jpg","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004147090","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/users\/59"}],"replies":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/comments?post=1004147090"}],"version-history":[{"count":2,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004147090\/revisions"}],"predecessor-version":[{"id":1004570327,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004147090\/revisions\/1004570327"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/media\/1004147094"}],"wp:attachment":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/media?parent=1004147090"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/categories?post=1004147090"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/tags?post=1004147090"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}