$7MM • Hudson, NY
Transaction Highlights
- PACE LTV: 15.6%
- CLTV: 34.4%
- Capitalized interest period of 24 months
- 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 provides $7 million in C-PACE financing for the innovative adaptive reuse of the historic Pocketbook Factory property in Hudson, NY, to create a mixed-use hotel/hospitality/wellness/cultural space renamed Pocketbook Hudson.
