Madison Equities
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AC Hotel

Location: Knoxville, TN

PACE Eligible Measures: Building Envelope, Lighting, HVAC, Plumbing

Property Type
Hospitality

Vector Hospitality, the Project Sponsor, is an Atlanta-based hotel development firm founded in 2021 by Aman Patel. The firm’s leadership team has significant experience in hotel development and operations, having previously participated in the development of nearly 40 hotels across the Southeast. Grace Construction Consultants (“GCC”) will serve as the General Contractor for the Projects. GCC is a Chattanooga-based construction firm specializing in hospitality projects and has completed hotel developments across multiple states for a variety of nationally recognized brands, including Marriott, Hilton, and IHG.

Madison Equities
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AC Hotel

Location: Knoxville, TN

PACE Eligible Measures: Building Envelope, Lighting, HVAC, Plumbing

Property Type
Hospitality

Vector Hospitality, the Project Sponsor, is an Atlanta-based hotel development firm founded in 2021 by Aman Patel. The firm’s leadership team has significant experience in hotel development and operations, having previously participated in the development of nearly 40 hotels across the Southeast. Grace Construction Consultants (“GCC”) will serve as the General Contractor for the Projects. GCC is a Chattanooga-based construction firm specializing in hospitality projects and has completed hotel developments across multiple states for a variety of nationally recognized brands, including Marriott, Hilton, and IHG.

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AC Hotel

Location: Knoxville, TN

PACE Eligible Measures: Building Envelope, Lighting, HVAC, Plumbing

Property Type
Hospitality

Vector Hospitality, the Project Sponsor, is an Atlanta-based hotel development firm founded in 2021 by Aman Patel. The firm’s leadership team has significant experience in hotel development and operations, having previously participated in the development of nearly 40 hotels across the Southeast. Grace Construction Consultants (“GCC”) will serve as the General Contractor for the Projects. GCC is a Chattanooga-based construction firm specializing in hospitality projects and has completed hotel developments across multiple states for a variety of nationally recognized brands, including Marriott, Hilton, and IHG.

Madison Equities
PPF’s 1st C-PACE
Unitranche Transaction
$15 Million
C-PACE Assessment

Aman Patell
President, Vector Hospitality

“This was the most seamless transaction I have ever experienced,” said Aman Patel, President of Vector Hospitality. “Petros and MidCap earned our confidence and trust at every stage of the process. Thanks to their partnership, we are on track to deliver an award-winning hotel.”