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Hotel Lawyer: Another Commercial PACE (C-PACE) financing closed
David Sudeck and his team at the Global Hospitality Group® at Jeffer, Mangels, Butler & Mitchell LLP worked with a C-PACE financing source to close a $23.8 million PACE loan for the 145-room Vista Collina Resort Napa in California, which includes a full-service restaurant, fitness center, tasting rooms, and meeting space.
Hotel: Vista Collina Resort Napa, part of the
Meritage Collection
Location: Napa, CA
Size of C-PACE Loan: $23.8 million
How we can help with Commercial PACE (C-PACE) financing
C-PACE lending has become an important and fast-growing sub-specialty in our hotel finance capabilities. We work with C-PACE providers/lenders and borrowers. In fact, we have been fortunate enough to work with one of the leading providers of C-PACE financing as they expand their national platform.
We welcome inquires to see if we can help you evaluate potential PACE financing opportunities.
For C-PACE financing and other hotel finance-related inquiries, contact David Sudeck, at 310.201.3518 or dsudeck@jmbm.com
The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.
