$8,500,000 Refinance Secured for Hospitality Property in Tampa, FL
Mar 19, 2026 Bank
Deal Summary
DFCU Financial recorded a $8,500,000 mortgage crossing three Tampa parcels of two hotels at 10007 Princess Palm Avenue and 9331 East Adamo Drive. The loan was executed March 19, 2026 and recorded April 2, 2026 in Hillsborough County under document 128840 (APN 065507-2689), crossed against two additional parcels. County records list the owner as Brahmas Properties Llc.
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Transaction Details
- Closing Date
- Mar 19, 2026
- Loan Amount
- $8,500,000
- Loan Type
- Bank
- Loan Purpose
- Refinance
- Capital Type
- Senior Debt
- Asset Type
- Hospitality
- Source
- County record
Property
- Address
- 10007 Princess Palm Ave
- City, State
- Tampa, FL
- Market
- Tampa
Property Facts
- Building Size
- 37,890 sq ft
- Lot Size
- 99,317 sq ft (2.28 ac)
- Year Built
- 1989
- Year Renovated
- 2002
- Stories
- 3
- Buildings
- 1
- Zoning
- IPD-2
- Subtype
- Hotel
- Units
- 59
- Floor Area Ratio
- 0.38
Sale History
Last sold for $2,800,000 on Sep 5, 2014. Prior owner JAI HANUMAN INC (business entity).
Prior Financing
| Recorded | Lender | Amount | Instrument | Type |
|---|---|---|---|---|
| Apr 2, 2026 | DFCU FINL | $8,500,000 | Mortgage | CONVENTIONAL |
| Jul 27, 2022 | FIRST CITRUS BK | Modification Of Mortgage | ||
| Apr 20, 2022 | FIRST CITRUS BK | $1,000,000 | Modification Of Mortgage | CONVENTIONAL |
| Nov 21, 2017 | FIRST CITRUS BK | $1,000,000 | Mortgage | CONVENTIONAL |
| Sep 8, 2014 | FIRST CITRUS BK | $1,571,452 | Mortgage | CONVENTIONAL |
| Oct 14, 2013 | USAMERIBANK | $1,936,222 | Modification Of Mortgage | CONVENTIONAL |
| Aug 26, 2013 | USAMERIBANK | $617,500 | Modification Of Mortgage | CONVENTIONAL |
| Jan 6, 2009 | USAMERIBANK | $2,000,000 | Mortgage | CONVENTIONAL |
Recorded mortgage history from county records. Amounts are original recorded principal, not current balances.
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