Pace Loan Group

Aviator Hotel

C-PACE AMOUNT
$5.5M
Property Type
Hospitality
Project Type
Renovation
STATE
Alaska
Aviator Hotel located in Fairbanks, Alaska.

Property Description

Aviator Hotel is a 251-room, three-story hotel situated between Anchorage and Fairbanks, AK, an ideal location for tourist traffic to Denali National Park. The property includes a restaurant, commercial kitchen, fitness area, and sitting room.

C-PACE Improvements

The $5.5M C-PACER loan is the largest of its kind in Alaska to date. This loan finances energy efficiency measures that substantially reduce electricity and water consumption, such as HVAC upgrades, LED lighting, and low flow water fixtures. These improvements are expected to create upwards of $12M in lifetime savings for the hotel.

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