$15.5MM • Monterey Park, CA
Transaction Highlights
- PACE LTV: 35%
- CLTV: 35%
- Capitalized interest period of 28 months
- 27-year amortization
c-PACE:
$15.5MM
Location:
Monterey Park, CA
Term:
30 Years
Status:
Closed
Project Description
Bayview PACE provides $15.5 million in C-PACE financing for Whitmore Villa, a $52 million multifamily/condominium housing development just outside Los Angeles, CA. Whitmore Villa, located at 126 New Avenue, Monterey Park, CA, will include 63 two-story units in two construction phases.
