Pace Loan Group

July 24, 2023

$13.8 million loan closes for hotel conversion to workforce housing near Disney World

Connect CRE, Angela Noote 

PACE Loan Group closed a $13.82 million C-PACE loan for a 151-room conversion from a hotel into workforce housing in Kissimmee, FL. The borrower plans to complete the renovation and open the low-rise/garden apartment complex at 2950 Reedy Creek Blvd. in May 2024.

Hotel turned workforce housing in Kissimmee, FL.

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