Case Studies

Summary 

The Avenue Naples reached a major milestone with the closing of a $202 million construction financing package from Bayview Commercial Mortgage Finance, consisting of a $93 million construction loan and $109 million of C-PACE financing provided by Bayview PACE across two assessments. Having supported the project during its pre-development phase, Bayview continued its partnership by delivering an integrated financing solution designed to align with the project’s construction schedule and long-term investment objectives. With financing now complete, construction is advancing into its vertical phase on one of downtown Naples’ most significant mixed-use developments.

The Opportunity 

The Avenue required a coordinated financing solution capable of supporting a complex mixed-use development while providing certainty of execution from a single capital partner. Bayview Commercial Mortgage Finance and Bayview PACE delivered an integrated $202 million financing package, combining a $93 million traditional construction loan with $109 million of long-term, fixed-rate C-PACE financing structured across two assessments.

The coordinated execution streamlined the financing process, aligned capital with the project’s construction timeline, and provided a flexible financing structure tailored to the development team’s investment objectives. By delivering both the mortgage and C-PACE financing through a single platform, Bayview helped position The Avenue for its next phase of construction as the project progresses toward becoming a premier mixed-use destination in downtown Naples.