HOFV - Hall of Fame Resort & Entertainment secures $33.4M PACE loan

• Hall of Fame Resort & Entertainment ( NASDAQ: HOFV ) has secured ~$33.4M in Property Assessed Clean Energy financing from Stonehill Strategic Capital.
• The PACE financing, coupled with the previously secured $5M in financing from Stark Community Foundation, provides HOFV with additional capital for the continued construction of Phase II of the Hall of Fame Village.
• The proceeds will be used to continue investing in the growth of the Hall of Fame Village.
• “Securing this PACE financing is an important step in the continued growth of our business, providing us with additional capital to continue moving full steam ahead on our plans for the Hall of Fame Village,” stated Michael Crawford, President and CEO of HOFV.

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