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Florida & Gulf Coast  + Central Florida  + Hospitality  | 
The Current Hotel in Tampa, FL

Caspers Company Spends $85M to Buy The Current Hotel in Tampa

Current Rocky Point LLC, a special purpose entity affiliated with Caspers Company, has purchased The Current Hotel in Tampa, FL for $85 million. The property is an Autograph Collection by Marriott hotel.

Dave Weymer, Michael Weinberg, Preston Reid and Wyatt Krapf of Berkadia Hotels & Hospitality represented the seller, Rocky Point Holdings LLC, in the transaction. American Momentum Bank is providing part of the financing with a $55 million loan.

The purchase marks the first hotel acquisition for the Casper family, which owns 60 McDonald’s franchises, as well as Tampa Bay restaurant and business concepts Oxford Exchange, Oxford Design Studio, The Library, Caspers Service Company and The Stovall House.

 Construction of The Current Hotel was completed in 2019. The property includes 180 rooms, two restaurants, waterfront views from every guestroom, a private beach, an infinity pool and proximity to Tampa International Airport.

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Berkadia Hotels & Hospitality

About Lisa McDuffie

Lisa McDuffie arrives at ConnectCRE via REALTOR® world, where she served for nearly two decades as communications director for one of the nation’s largest REALTOR® organizations. She supported two membership-elected presidents who were commercial real estate practitioners, and managed the communications initiatives of the organization’s commercial special interest group. When not following the latest commercial real estate news, Lisa is zeroed in on her charismatic off-the-track thoroughbred as he makes the transition from an utterly failed racehorse to a lovely show hunter.

  • ◦Sale/Acquisition