Washington SpringHill Suites
Property Description
Washington SpringHill Suites is a 128-room Marriott hotel located off the Pacific Highway adjacent to Joint Base Lewis-McChord (JBLM)—the U.S. Department of Defense’s premier military installation on the West Coast and the largest employer in Pierce County.
Loan Usage
The C-PACE loan was used to finance improvements tied to the property's construction, including HVAC and lighting systems and controls, which are expected to generate $114,371 in annual operational savings. The project also received $11.5 million from 1st Security Bank, with a total capital stack of $37.6 million.
See if C-PACE works for your project.
PLG News
Stay up-to-date on how C-PACE can help your commercial real estate project in any market.
Learn more about C-PACE
Articles by PLG experts to help you integrate C-PACE into your projects.
© PACE Loan Group 2025 | Policy & Terms | Powered by MadeDaily® Secure + Compliant™