$103M C-PACE Loan for San Francisco Chinese Hospital – Hospitality Law Blog – February 11, 2022
February 11, 2022
Find out how JMBM’s Global Hospitality Group® can help you.
Click here for the latest articles on C-PACE funding.
Hospitality Lawyer: Another Commercial PACE (C-PACE) Financing Closed
David Sudeck and his team at Jeffer Mangels Butler & Mitchell LLP’s Global Hospitality Group® helped structure a $103 million loan for the Chinese Hospital of San Francisco, a nonprofit community hospital. This transaction is the largest C-PACE transaction ever in the United States.
photo: chinesehospital-sf.org
Property: chinese hospital
Site: San Francisco, California
C-PACE loan amount: $103 million
How we can help you with Commercial PACE (C-PACE) financing
C-PACE loans have become an important and rapidly growing sub-specialty within our hotel finance capabilities. We work with C-PACE suppliers/lenders and borrowers. In fact, we were fortunate enough to work with one of the leading funding providers C-PACE as they expand their national platform.
We welcome inquiries to see if we can help you evaluate potential PACE funding opportunities.
Webinar and more on C-PACE financing
To learn more about C-PACE, check out our free on-demand webinar, “Why so many people are turning to commercial PACE (C-PACE) financing now.”
You can also find more information on this subject on the Blog on hotel law under the theme Financing C-PACE. Here are some selected items and some representative transactions we have handled.
Is C-PACE the “new EB-5 funding”?
Retroactive C-PACE frees up hotel investment capital
C-PACE Financing – Now an Accepted Tool for Hotel Lenders and Borrowers
Should You Consider Commercial PACE (C-PACE) Financing Now?
C-PACE Lawyer Financing: Opening in New York Commercial PACE – a great opportunity!
Some of our offers: C-PACE financing is on the rise!
David Sudeck is a senior member of JMBM’s Global Hospitality Group® and JMBM’s Real Estate Department. His practice focuses primarily on complex issues associated with hotels, resorts, vacation ownership properties (including condominiums, destination clubs, timeshares, fractions and private residence clubs), restaurants (including chief consulting agreements), golf courses and spas.
A seasoned real estate lawyer, David has extensive legal experience involving all types of residential and commercial properties. He represents owners – including hospitality clients – in the purchase and sale, development, construction, financing, rental and leaseback of properties, and advises them on their operating agreements and management, including hotel management agreements. Contact David Sudeck at 310.201.3518 or [email protected].
It is Jim Butlerauthor of www.HotelLawBlog.com and founding partner of JMBM and JMBM’s Global Hospitality Group®. We provide business and legal advice to hotel owners, developers, independent operators and investors. These tips cover critical hotel issues such as buying, selling, development, financing, franchising, management, ADA, and intellectual property. We also have a compelling track record in hotel litigation, union avoidance and labor negotiations, as well as cybersecurity and data privacy.
JMBM’s Global Hospitality Group® has helped clients around the world with more than 4,500 hotel properties worth over $112 billion. contact me at +1-310-201-3526 or [email protected] to discuss how we can help you.