Huntington Beach, California
Civitas Huntington Beach Hotel Fund, LP made a $14.5 million mezzanine loan to an affiliate of Pacific Hospitality Group, to partially finance the development of the Paséa Hotel & Spa, a 250-room, luxury hotel located in Huntington Beach, California. The Paséa Hotel & Spa will be branded as a member of the Meritage Collection, a group of four luxury hotels owned and operated by Pacific Hospitality Group.