Florida & Gulf Coast CRE News In Your Inbox.
Sign up for Connect emails to stay informed with CRE stories that are 150 words or less.
Mast Capital, Amzak Capital Team Up to Buy Saddlebrook Resort in Wesley Chapel
Mast Capital has partnered with Amzak Capital Management to acquire the 480-acre Saddlebrook Resort in the Tampa, FL suburb of Wesley Chapel.
The property is comprised of a 500-key condo-hotel resort; Saddlebrook Prep, a world-renowned tennis and golf academy; two Arnold Palmer-designed golf courses; 45 tennis courts and more than 100,000 square feet of meeting space.
“We recognize both the potential and the iconic status of this property, which is where some of the world’s most renowned tennis players trained. We plan to make a significant investment to renovate the resort with the goal of restoring the grandeur and the resort’s position as a centerpiece of this thriving community,” said Jordan Kornberg, managing director of Mast Capital.
In November 2021, Mast Capital acquired more 16 acres of vacant land in Wesley Chapel in a joint venture with private equity firm Rockpoint Group. The new ownership will develop a 248-unit luxury apartment community.
- ◦Sale/Acquisition
