Bain Capital, Smith Hill Lend $94M on Rebranded Tampa Hotel

A joint venture between Newbond Holdings and Apollo has landed a $94.36 million loan to refinance a rebranded hotel in Downtown Tampa, Fla, Commercial Observer has learned. Bain Capital and Smith Hill Capital provided the loan Hotel Cala, a 281-key property that Newbond in partnership with investment funds managed by an affiliate of Apollo acquired […]