Northbrook Renaissance Hotel

Property Description

Northbrook Renaissance Hotel is a full-service, 391-room hotel with two towers located adjacent to the Northwestern University campus. The recently renovated property boasts two restaurants, a bar, and nine meeting spaces, including a ballroom and rooftop venue, among other amenities. The hotel has leased space to a rental car company, making it an ideal stay for Chicago travelers.

Loan Usage

The C-PACE financing was used to cover property improvements completed from 2019 to 2022. Those improvements range from roofing and insulation, weatherization, HVAC, plumbing, LED lighting, and elevator improvements, common area, and public space renovations, and elevator upgrades. Those improvements are expected to save nearly $1 million in annual operating expenses.