Hudson NY Historic Mill Transformation Secures $7 Million C-PACE Financing from Bayview PACE. Bayview PACE is providing key C-PACE financing for the adaptive reuse of the historic Pocketbook Hudson project in Upstate NY Flexible, innovative C-PACE funding in combination with tax-credit and EB-5 financing backs adaptive re-use of historic mill into hotel/wellness/cultural enclave, a first…
Read More
$7MM • Hudson, NY Transaction Highlights PACE LTV: 25.3% CLTV: 55.0% 24 months of interest only 21 year amortization c-PACE: $7MM Location: NY Type: Adaptive Reuse building: Mixed Use Term: 25 Years Status: Closed Project Description Bayview PACE provided $7 million in C-PACE financing for the innovative adaptive reuse of the historic Pocketbook Factory in…
Read More
$12.1MM • Cleveland, OH Transaction Highlights Capitalized interest period of 25 months 36 months of interest only 15 year amortization c-PACE: $12.1MM Location: OH Type: Refinance building: Senior Housing Term: 20 Years Status: Closed Project Description Bayview PACE provides $12.1 million in C-PACE financing for the refinancing of a senior housing development in Ohio. …
Read MoreInnovative combination of C-PACE funding complemented by USDA financing plays key role in $69M rehab and addition of 30 private cabins for ‘new’ 180-key resort in Mammoth Lakes, CA Coral Gables, FL and Mammoth Lakes, CA (June 2024) – Bayview PACE provided $9.5 million in C-PACE financing for redeveloping and expanding the now 180-key…
Read More
$9.5MM • Mammoth Lakes, CA Transaction Highlights PACE + USDA Combo Loan PACE LTV: 12.0% CLTV: 48.3% Capitalized interest period of 12 months 36 months of interest only 26 year amortization c-PACE: $9.5MM Location: Mammoth Lakes, CA Type: Refinance building: Hospitality Term: 30 Years Status: Closed Project Description Sierra Nevada Resort & Spa – Mammoth…
Read More
$15.5MM • Monterey Park, CA Transaction Highlights PACE LTV: 35% CLTV: 35% Capitalized interest period of 28 months 27-year amortization c-PACE: $15.5MM Location: Monterey Park, CA Term: 30 Years Status: Closed Project Description Bayview PACE provides $15.5 million in C-PACE financing for Whitmore Villa, a $52 million multifamily/condominium housing development just outside Los Angeles, CA.…
Read MoreAdding C-PACE to the capital stack fills gap of higher-cost alternatives so commercial real estate projects can begin construction, says Bayview Coral Gables, FL and Monterey Park, CA – Bayview PACE today announced providing $15.5 million in C-PACE financing for Whitmore Villa, a $52 million multi-family housing development just outside Los Angeles developed by Chateau Group…
Read More
$22MM • Kansas City, Mo Transaction Highlights PACE LTV: 31% CLTV: 66.5% Capitalized interest period of 20 months 14-year amortization c-PACE: $22MM Location: Kansas City, MO Term: 20 Years Status: Closed Project Description Bayview PACE provides $22MM CPACE loan as part of the financing package for a redevelopment project in Kansas City, MO. CLOSED BY:…
Read More
$1.3MM • Lake Forest, CA Transaction Highlights PACE LTV: 6.8% CLTV: 79.4% Capitalized interest period of 19 months 29-year amortization c-PACE: $1.3MM Location: Lake Forest, CA Term: 30 Years Status: Closed Project Description Bayview PACE provides $1.3MM in C-PACE financing as part of the refinancing package of a 98-key hotel located in Lake Forest, CA. …
Read MoreEight Reasons Why Banks are Consenting to C-PACE Financing Benefits of C-PACE for Banks Here are a few ways banks are seeing the benefits of C-PACE: C-PACE in the capital stack enables banks to continue the lending relationship with valuable clients while maintaining a healthy deposit-to-loan balance. For mid-stream development projects that previously penciled but…
Read More