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Stratus Development Secures $16.5MM in CPACE Construction Financing for Marriott Tribute Hotel in Santa Barbara

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View of rooftops in Santa Barbara
Photo by Yifan Ma on Unsplash
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Luxury Hotel Development near Santa Barbara’s Trendy Funk Zone to Feature 105 rooms, rooftop amenity Santa Barbara, Calif. – Concord Summit Capital, LLC (“Concord Summit”) has arranged $16.5 million in CPACE construction financing for the Marriott Tribute Hotel, a luxury hospitality project underway in Santa Barbara, Calif. The development will feature a 105-key hotel with a rooftop amenity […]

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