Florida TownPlace Suites
C-PACE AMOUNT
$6M
Property Type
Hospitality
Project Type
New Construction
STATE
Florida
Property Description
Florida TownPlace Suites is a 109-room hotel located in Miramar, Florida, a growing local tourist destination for neighboring states. The property offers ameninities including a breakfast buffet, business center, fitness center, guest laundry, and outdoor pool.
Loan Usage
The C-PACE loan covered energy efficiency improvements tied to the construction of the property, including building envelope, plumbing, electrical, HVAC, and elevator. These measures have an estimated useful life of 26.6 years.
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