$200MM • Miami, FL Transaction Highlights c-PACE: $200MM type: New Construction Location: Miami, FL Building: Mixed-Use Project Description Okan Tower is a 72-story, 902-foot mixed-use high-rise under development in downtown Miami and is slated to become the second-tallest building in Florida upon completion in 2028. Developed by Okan Group, the project includes 163 luxury condominiums,…
$15.6MM • Bryan, TX Transaction Highlights c-PACE: $15.6MM type: New Construction Location: Bryan, TX Building: Office Project Description Bayview PACE has closed $15.6 million in C-PACE financing for The Lumin, a key five-story office building with ground-floor retail and an associated parking garage in the popular Lake Walk community of Bryan, TX. The 103,000-square-foot Class-A…
$180MM • Miami, FL Transaction Highlights c-PACE: $180MM type: Ground-up Construction Location: Miami, FL Building: Condominium Project Description Bayview PACE closes $180 million in C-PACE financing for the ground-up construction of Domus Brickell Center, a 35-story residential high-rise project of Miami-based North Development. This financing marks a historic milestone: The largest ground-up C-PACE construction loan…
$10MM • San Pedro, CA Transaction Highlights c-PACE: $10MM Senior Loan: $51.5MM Type: Refinance/New Construction building: Retail/Mixed-Use Location: San Pedro, CA Term: 30 Years Project Description Bayview PACE today announced the closing of a $61.5 million financing package for the key second phase of West Harbor, the 42-acre open-air retail/mixed-use project now under construction in…
$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,…
$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…
$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…
$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…
$4.3MM • Taylor, MI Transaction Highlights PACE LTV: 16.7% CLTV: 61.9% Capitalized interest period of 17 months Interest only period of 24 months 17 year amortization c-PACE: $4.3MM Location: Taylor, MI Type: Refinance building: Senior Housing Term: 24 Years Status: Closed Project Description Bayview PACE provides $4.3 million in C-PACE financing for a senior living…
$3.5MM • Yonkers, NY Transaction Highlights PACE LTV: 6.3% CLTV: 84.6% Capitalized interest period of 17.25 months Interest only period of 24 months 17 year amortization c-PACE: $3.5MM Location: Yonkers, NY Type: Renovation building: Mixed Use / Multifamily Term: 20 Years Status: Closed Project Description Bayview PACE provided $3.5 million in C-PACE financing for energy…
