- Sonari Capital acquired Home2 Suites in Tampa.
- Deal facilitated by HREC Investment Advisors.
- The hotel is near the University of South Florida campus.
Ted Anka, senior vice president in HREC's Miami office, led the transaction.
Sonari said the property comes with solid in-place cash flow and sits in a market with multiple demand drivers nearby.
Tampa-based Sonari is led by managing principals Jaimin Patel and Tarun Patel and focuses on hospitality investments across the U.S. Tampa's hotel market has been picking up.
According to Colliers' Q1 2026 Florida Hospitality Report, the city's ADR increased 31.7 percent quarter over quarter to $204.69. RevPAR reached $159.37, while occupancy stood at 77.2 percent in the first quarter.
Hotel sales in Tampa rose from $28.1 million in the first quarter of 2025 to $194.7 million in the first quarter of 2026. The city has 3,227 rooms under construction and 3,900 more in planning.
Separately, Kabani Hotel Group earlier this year facilitated the $9 million sale of the 50-key voco hotel in St. Augustine, Florida.
