Bayview 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…
Read MoreShould Your Financing Make Space for C-PACE?
Insights & Perspectives 08/07/24 By: Steve McGee | Rob McAdams With the higher interest rate environment constraining banks and seniors housing and healthcare borrowers alike, there may be value in knowing more about C-PACE. An acronym for commercial property-assessed clean energy, C-PACE is a financing structure that was created to encourage developers and owners to incorporate…
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