Why C-PACE Is a ‘Swiss Army Knife’ for Senior Housing
By 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 MoreBayview PACE Provides $4.3 Million in C-PACE Funds for New Senior Housing Property in Michigan
Newest 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 MoreNYC releases new construction guidelines for the C-PACE program
NYC Program Releases Updates Just this week, New York City releases its C-PACE program guidelines. The guidelines are expected to pave the way for new construction and energy retrofits on thousands of NYC buildings. • New Construction and Major Renovations must be defined as a “Low Carbon Building” • C-PACE loans are capped at 30% of the total construction…
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