Peachtree and Lone Star PACE Facilitate Funds for Renovation
Photo Credit: MCM Elegante Hotel Beaumont BEAUMONT, Texas—Peachtree Group, alongside Lone Star PACE, announced the closing of a $11 million Commercial Property Assessed Clean Energy (C-PACE) transaction for the redevelopment of the MCM Elegante Hotel. The project will transform the existing hotel into a 287-key, dual-branded Courtyard and Element Hotel by Marriott. The Courtyard portion…
