$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 Hudson, NY, transforming it into a mixed-use hotel, wellness, and cultural space now known as Pocketbook Hudson.
Pocketbook Hudson Opens in Upstate New York
