pace financing
Should You Be Looking at Commercial PACE (C-PACE) Financing Now?
Jim Butler | May 18, 2021
By Jim Butler and the Global Hospitality Group® Hotel Lawyers | Authors of www.HotelLawBlog.com Why so many are looking at Commercial PACE (C-PACE) financing now? Is C-PACE financing for you? Commercial PACE financings have topped $800 million and are still growing. Should you be considering it for your hotel or other commercial real estate? Join us for a condensed, 30-minute program to help you evaluate whether this financing program is right for your property, how it can be used, and what to expect in the next few years. This free webinar will take place on Tuesday, June 22, 2021 at 10:30 AM PDT / 1:30 PM EDT. Register now. Led...
PACE Financing on a Roll: $6 Million Loan for Kimpton La Peer Hotel in West Hollywood
David Sudeck | April 26, 2021
By Jim Butler, David Sudeck Hotel finance lawyer: PACE Financing is now mainstream Over the past five years, PACE financing has gained wider acceptance, and moved from a novel technique to a mainstream practical solution for financing. For more background on what PACE financing is, why it can be attractive, why it is becoming more popular and how JMBM’s attorneys can help, see PACE Financing – Now an accepted tool for hotel lenders and borrowers. Our lawyers are at the leading edge of this important new trend. And we think that sharing some of our client’s successes with PACE financing may help others evaluate this t...
Hotel Lawyer: PACE Financing – Now an Accepted Tool for Hotel Lenders and Borrowers
Jim Butler | February 22, 2021
By Jim Butler and the Global Hospitality Group® Hotel Lawyers | Authors or www.HotelLawBlog.com Hotel finance lawyer: PACE Financing is now mainstream About five years ago, my partner David Sudeck, a senior member of JMBM’s Global Hospitality Group®, spoke at a hotel industry conference about the attractive features of PACE financing as an innovative financing technique. David has extensive experience with virtually all kinds of real estate financing from senior debt to joint ventures. At the time, he had just finished working on a hotel financing that included components of a senior construction loan from a private lender, Mello ...