Coral Gables, FL and Miami (Sept. 22) – Bayview PACE closes $180 million in C-PACE financing for the development of Domus Brickell Center, a 35-story condominium project of Miami-based North Development. As the largest ground-up C-PACE construction loan to date in South Florida and second-largest nationally, the C-PACE funding advances energy savings and resilient features…
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$180MM • Miami, FL Transaction Highlights c-PACE: $180MM type: Ground-up Construction Location: Miami, FL Building: Condominium Project Description Bayview PACE closes $180 million in C-PACE financing for the ground-up construction of Domus Brickell Center, a 35-story residential high-rise project of Miami-based North Development. This financing marks a historic milestone: The largest ground-up C-PACE construction loan…
Read MoreCoral Gables, FL and Los Angeles, CA (July 8, 2025) – Bayview PACE today announced the closing of a $61.5 million financing package for the key second phase of West Harbor, the 42-acre open-air retail/mixed-use project now under construction in San Pedro on the Port of Los Angeles waterfront. The financing package includes $10 million…
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$10MM • San Pedro, CA Transaction Highlights c-PACE: $10MM Senior Loan: $51.5MM Type: Refinance/New Construction building: Retail/Mixed-Use Location: San Pedro, CA Term: 30 Years Project Description Bayview PACE today announced the closing of a $61.5 million financing package for the key second phase of West Harbor, the 42-acre open-air retail/mixed-use project now under construction in…
Read MoreThe Sunbelt region of the United States continues to attract hotel investors, driven by robust population growth, economic resilience, and favorable business climates. Despite tighter lending conditions, developers are turning to creative financing methods to capitalize on these opportunities. In a recent article by Hospitality Investor, Anne Hill, Senior Vice President at Bayview PACE, discusses…
Read MoreBy Anne Hill Bayview PACE’s Anne Hill on the program’s impressive growth. Anne Hill C-PACE lending is continuing its meteoric rise. According to the C-PACE Alliance, the overall volume of transactions since the program’s inception grew to $9.8 billion by the end of 2024—$2.5 billion of that was transacted last year alone. Meanwhile, the average transaction…
Read MoreCoral Gables, FL and Cocoa Beach, FL (Jan 13, 2025) – Bayview PACE has announced a record-breaking $137 million in Commercial Property-Assessed Clean Energy (C-PACE) funding for the development of the $420 million Westin Cocoa Beach Resort & Spa. This landmark project will feature 502 rooms and is the largest C-PACE deal in Florida’s history. A…
Read MoreWhy C-PACE for Data Centers? C-PACE provides low-cost, long-term financing for energy-efficient upgrades, renewable energy, and resiliency improvements. Given that data centers consume up to 50 times more energy per square foot than traditional office buildings. ✅ HVAC and Cooling Systems – Advanced cooling technologies can dramatically cut energy use. ✅ Energy Storage and Backup…
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$137MM • Cocoa Beach, FL Transaction Highlights PACE LTV of 27.9% CLTV of 42.2% Interest Only of 4 Years 26 Year Amortization c-PACE: $137MM Location: Cocoa Beach, FL Type: New Construction building: Hospitality Term: 29 Years Status: Closed Project Description Westin Cocoa Beach Resort & Spa Driftwood Capital’s signature Westin Cocoa Beach Resort & Spa,…
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$1.8MM – Glendora, CA Transaction Highlights PACE LTV: 7.8% CLTV: 80.2% Capitalized interest period of 3 months Interest only period of 54 months 15 year amortization c-PACE: $1.8MM Location: Glendora, CA Type: Renovation building: Office Project Description Bayview PACE provides $1.8MM C-PACE financing for the renovation of an office property located at 725 South Grand…
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