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Home AEC $40MM in CPACE Financing Secured for AC Hotel San Diego Downtown Gaslamp Quarter
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$40MM in CPACE Financing Secured for AC Hotel San Diego Downtown Gaslamp Quarter

June 25, 20242 Mins read983
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ATLANTA (June 24, 2024) – With ongoing credit market dislocations, Peachtree Group originated a $40 million retroactive CPACE loan to BLG SAN DIEGO, LLC (Briad Group) for its recently opened 147-room AC Hotel San Diego Downtown Gaslamp Quarter in Calif.  The Commercial Property Assessed Clean Energy (CPACE) financing was amortized over 30 years and required no payment for a year, followed by five […]

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