CBRE arranged for $72.5 million in financing for sale of St. Pete Beach hotel

Financing put together by commercial real estate firm for $83 million sale of the Postcard Inn.

The Postcard Inn on St. Pete Beach sold for $83 million. (Courtesy photo)
The Postcard Inn on St. Pete Beach sold for $83 million. (Courtesy photo)
  • Tampa Bay-Lakeland
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ST. PETE BEACH — The $83 million sale of the Postcard Inn on St. Pete Beach to two investment firms from New York and Dubai came together in part because of $72.5 million in financing arranged by CBRE.

 

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