Menlo Park Hotel Group to develop Silicon Valley Moxy

Bayview PACE provides $30.2 million in C-PACE funding for the 163-key upper-midscale hotel project.

Published on Feb. 26, 2026

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Bayview PACE, a division of Bayview Commercial Mortgage Finance, LLC, has closed a $30.2 million in C-PACE funding for The Moxy Menlo Park, a 163-key upper-midscale limited-service hotel at 3723 Haven Ave. in Menlo Park, California. Bayview Commercial Mortgage Finance also provided a $36.1 million construction loan, for a total of $66.3 million in project financing. The hotel is being developed by Menlo Park Hotel Group, LLC, a joint-venture entity including Nexera Capital and Titan Management.

Why it matters

The Moxy Menlo Park will be located next to Meta's 30-building headquarters campus and Snowflake's new Bay Area headquarters, providing convenient accommodations for business travelers in the heart of Silicon Valley. The project also includes a rooftop bar, the only one within walking distance to the Meta campus.

The details

Upon completion, the 120,059-square-foot, Marriott-flagged, seven-story hotel will have upscale amenities including a market, a cafe, a speakeasy and Bar Moxy located on the hotel's roof deck. The project also includes a two-story parking garage with 129 parking stalls. General contractor is VCC Construction, a national full-service construction firm.

  • Bayview PACE closed the $30.2 million in C-PACE funding in February 2026.
  • The Moxy Menlo Park is expected to open in January 2028.

The players

Bayview PACE

A division of Bayview Commercial Mortgage Finance, LLC that provided $30.2 million in C-PACE funding for the project.

Menlo Park Hotel Group, LLC

A joint-venture entity including Nexera Capital and Titan Management that is developing the Moxy Menlo Park hotel.

Nexera Capital

A company with a portfolio of approximately $400 million in hospitality assets under management, including 17 completed hotels and seven hotels in the pipeline.

Titan Management

A company that specializes in operating upscale and select service hotels with a portfolio comprised of 11 Marriott and Hilton branded assets.

VCC Construction

A national full-service construction firm headquartered in Little Rock, Arkansas with regional offices in Irvine, California, serving as the general contractor for the project.

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What they’re saying

“We structured an innovative financing solution that combines C-PACE and traditional construction financing as a one-stop execution solution that tailors the funding to the project's needs and provides efficiencies in the capital structure.”

— A.K Prabhakar, Senior Vice President of Commercial Originations (Bayview)

What’s next

Nexera, leading the development effort, anticipates opening The Moxy in January 2028.

The takeaway

The Moxy Menlo Park project demonstrates how innovative financing solutions can enable the development of new hospitality projects in prime Silicon Valley locations, catering to the needs of the region's thriving tech industry.