Pace Loan Group

Hotel Blossom

Property Type
Project Type
Hotel Blossom located in Houston, Texas.

Property Description

Hotel Blossom is a 267-key luxury hotel located within blocks of the Texas Medical Center area in Houston. The property offers high-end amenities, including a lobby library, rooftop pool, and forthcoming spa and three new restaurants under the guidance of a Michelin-starred chef. With its highly curated rooms and amenities, Hotel Blossom offers an experience that’s sought after in the Medical Center Market.

C-PACE Improvements

Through retroactively covering completed improvements including building envelope, HVAC systems, high-efficiency plumbing, and low-energy lighting, C-PACE was used to refinance out maturing debt for Hotel Blossom. C-PACE can finance up to 35% LTV, helping right-size the capital stack post-construction.

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