$2MM • Dallas, TX Transaction Highlights PACE Loan: $2MM PACE LTV: 19.2% PACE CLTV: 64% Capitalized interest period of 15 months 30 year amortization c-PACE: $2MM Location: Dallas, TX Term: 30 Years Fixed Status: Closed Project Description Bayview PACE Closes $2 Million in C-PACE financing for a gut rehab conversion of an Industrial building to Mixed-Use…
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$2MM • Holland Township, MI Transaction Highlights PACE Loan: $2MM PACE LTV: 19.4% CLTV: 71.8% Capitalized interest period of 11 months 24-year amortization c-PACE: $2MM Location: Holland Township, MI Term: 25 Years Fixed Status: Closed Project Description Bayview PACE Provides $2 Million C-PACE Financing for a project outside Grand Rapids, Michigan. The 132,000 square-foot office property…
Read MoreBayview PACE Closes $2 Million in C-PACE to Convert Michigan Office 132,000 square-foot office property outside Grand Rapids MI uses flexible, innovative C-PACE to fund improvements in church conversion Coral Gables, FL and Holland Township, MI – Bayview PACE today announced providing $2 million in C-PACE financing for key improvements in the conversion of a…
Read MoreC-PACE Gains Popularity for Seniors Housing Construction Development Finance Industry Voices September 26, 2023 By Jason Clouet, Bayview PACE For seniors housing developers and project sponsors, the timing of the growing adoption of commercial property assessed clean energy (C-PACE) financing couldn’t be better. While demographics show demand for housing is rising, many new seniors housing…
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$3.5MM • columbia, MO Transaction Highlights PACE Loan of $3.5MM PACE LTV: 6.5% CLTV: 76.7% Interest only 4 months c-PACE: $3.5MM Location: Columbia, MO Type: New Construction building: Hospitality Term: 20 Years Fixed Status: Closed Project Description Bayview PACE Provides $3.5 Million C-PACE Financing for a hospitality project in Columbia, MO. CLOSED BY: Bayview [email protected]
Read MoreFive Key Trends Are Now Accelerating C-PACE Finance Adoption Taking a market pulse, it’s clear that commercial property-assessed clean energy (C-PACE) financing is surging in popularity, driven largely by the current upheaval in the traditional capital markets. For some project sponsors, C-PACE has in fact taken on urgency because the real estate industry’s typical go-to…
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$5MM • Pasadena, CA Transaction Highlights PACE Loan of $5MM PACE LTV: 33.75% CLTV: 69.77% Capitalized interest period of 13 months 24 months of interest only 26.5 year amortization c-PACE: $5MM Location: Pasadena, CA Type: New Construction building: Condominium Term: 30 Years Fixed Status: Closed Project Description Bayview PACE Provides $5 Million C-PACE Financing for…
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$19.8MM • Oakhurst, CA Transaction Highlights PACE Loan of $19.8MM PACE LTV: 30.6% CLTV: 45.9% Capitalized interest period of 26 months 3 years of interest only 25 year amortization c-PACE: $19.8MM Location: Oakhurst, CA Type: New Construction building: Hospitality Term: 30 Years Fixed Status: Closed Project Description Outbound Hotel & Cabins Yosemite Bayview PACE Provides…
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$2.1MM• Columbia, MD Transaction Highlights PACE Loan of $2.1MM Total financing of $38.6MM Senior Loan of $36.5MM PACE LTV: 3.9% CLTV of 47.3% Capitalized interest period of 5 months 72 months of interest only 14 year amortization c-PACE: $2.1MM Location: Columbia, MD Type: New Construction building: Business Park Term: 20 Years Fixed Status: Closed Project…
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$57MM • Ferndale, wa Transaction Highlights Senior Construction Loan of $45MM PACE Loan of $12MM PACE LTV: 12.5% CLTV of 59.3% Capitalized interest period of 32 months 12 months of interest only 26 year amortization c-PACE: $12MM Location: WA Type: New Construction building: Multifamily Term: 30 Years Fixed Status: Closed Project Description Innovative combo-loan package…
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