Home2 Suites Pittsburg

C-PACE AMOUNT

$10.6M

Property Type

Hospitality

Project Type

New Construction

STATE

California

Press Release

Property Description

Pittsburg Home2 Suites is a 115-room extended stay hotel located in the Northeast Bay Area of California. Every room features a “working wall” that incorporates a kitchen and a flexible working/media space, making it ideal lodging for the working traveler.

C-PACE Improvements

Pittsburg Home2 Suites is a 115-room extended stay hotel located in the Northeast Bay Area of California. Every room features a “working wall” that incorporates a kitchen and a flexible working/media space, making it ideal lodging for the working traveler.

In The Press

Press Release, Home2 Suites in Pittsburg, California

California Home2 Suites Hotel receives $10.6M C-PACE loan for new construction

Minneapolis, Minnesota (December 6, 2024) – PACE Loan Group closed a $10.6 million C-PACE loan for the new construction of a Home2 Suites hotel located in Pittsburg, California, which is in the Northeast Bay Area. In addition to the PACE loan, the property received a $11 million construction loan, $3 million in mezzanine debt, and a $600k grant from the City of Pittsburgh.