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Mast Capital and Amzak Capital Management secured a $72.5 million loan from Beach Point Capital Management to finance the renovation of Saddlebrook Resort in Tampa.
The 480-acre Saddlebrook Resort is undergoing an expansive renovation. The $92 million transformation encompasses a full-scale redesign of the guestroom suites, lobby, meeting spaces, pool and outdoor facilities, golf course and food and beverage destinations, as well as significant upgrades to the resort’s landscaping, sports facilities and amenities.