Case Studies
Pocketbook Hudson
Property Type:
Mixed Use
Purpose:
Adaptive Reuse
PACE Financing:
$7MM
Term:
25 Years
Location:
Hudson, NY
Summary
The Sponsor was seeking to fill a gap in the capital structure, and saw both C-PACE and E-B5 as compelling structures that worked well for the project’s overall needs.
The Opportunity
By maximizing the C-PACE loan the sponsor was able to secure long-term, fixed-rate financing for the majority of the project debt stack. Bayview structured the loan that helped optimize the capital stack. The flexible, attractive terms of C-PACE financing were a key benefit for Pocketbook Hudson, and we’re pleased to be able to support a strong project sponsor. Bayview is uniquely positioned to structure more of these package loans for the growing demand in commercial real estate amid tightening debt markets.
Ready to get started with
C-PACE Financing?
Or do you have additional questions? Connect with our team.
Ready to get started with
C-PACE Financing?
Or do you have additional questions? Connect with our team.