Spirides Provides $14 Million Construction Financing for Major League Baseball Player Hotel in Dunedin, FL

Spirides Hotel Finance Company | November 22, 2022

TAMPA, FL—Spirides Hotel Finance Company has successfully provided, and the borrower has officially closed $14 million in construction-to-permanent mortgage financing from a Midwest U.S. headquartered bank to finance the development of a lodging facility in Dunedin, Florida for players of the Toronto Blue Jays Baseball Club, a Major League Baseball franchisee.  Florida is well known for its multiple professional baseball Spring training facilities.  After building in Dunedin their “second home,” a 65-acre, $100 million Player Development Complex training facility that includes a 115,000 square-foot multipurpose building, the Toronto B...