The 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…
Read More
$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,…
Read More
$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…
Read MoreBy Anne Hill September 25, 2024 Anne Hill of Bayview C-PACE on how the program unlocks value and facilitates development While the cohort of Americans moving into retirement continues accelerating, the senior housing supply is not keeping up, according to JLL in a recent MHN trends report. And this year, research from the National Investment Center…
Read More
$3.4MM – Dallas, TX Transaction Highlights PACE LTV: 7.0% CLTV: 80.1% Capitalized interest period of 17 months Interest only period of 24 months 21 year amortization c-PACE: $3.4MM Location: Dallas, TX Type: Refinance building: Office Project Description Bayview PACE provides $3.4 million in C-PACE financing for a Office project in Dallas, TX. Press Release CLOSED…
Read More
$3.8MM – Los Angeles, CA Transaction Highlights PACE LTV: 31.7% CLTV: 62% Capitalized interest period of 25 months Interest only period of 36 months 25 year amortization c-PACE: $3.8MM Location: Los Angeles, CA Type: New Construction building: Multifamily Term: 30 Years Status: Closed Project Description Bayview PACE provides $3.5 million in C-PACE financing for a…
Read MoreNewest application of innovative C-PACE financing utilized for senior housing at Hampton Manor-Taylor MI Coral Gables, FL (Sept. 19, 2024) – Bayview PACE today announced providing $4.3 million in innovative C-PACE financing for the 81-unit Hampton Manor-Taylor senior housing community in Taylor, MI. Project sponsor is Cape Coral, FL-based Build Senior Living,…
Read More