$2.1MM • Norfolk, NE Transaction Highlights Total financing of $2.1MM PACE LTV: 18% CLTV: 93% 30 years fixed Capitalized Interest Period for 1.5 years c-pace: $2.1MM Location: NE Type: New Construction building: Hospitality term: 30 Years Fixed Status: Closed Project Description The borrower was looking to build a new 90-key Marriott-flagged extended-stay/limited service hotel. The…
$1.4MM • austin, tx Transaction Highlights Total financing of $1.4MM c-pace: $1.4MM Location: TX Type: New Construction building: Hospitality term: N/A Status: Closed Project Description The borrower was looking to build a new service hotel. The borrower was looking for high leverage financing solution to accompany their plan to hold the property for long term…
$4.5MM • Macon, GA Transaction Highlights Total financing of $5MM c-pace: $4.5MM Location: GA type: Renovation building: Hospitality term N/A Status: Closed Project Description The borrower was looking to finance for the renovation/reposition. Total development costs were approximately $4.5MM.
$500,000 • Dallas, TX Transaction Highlights Total financing of $500,000 PACE LTV: 6.94% CLTV: 77.36% 25 Years Interest-Only Period for 6 months c-pace $500,000 Location: TX type: Retrofit building: Office term: 25 Years Status: Closed Project Description White Rock Tower, Dallas Texas. The subject property is a 73,000 square foot multi-tenanted, six-story, suburban office building…
$4.3MM • Pennsylvania Transaction Highlights Total financing of $4.3MM across 4 properties PACE LTV: 9% CLTV: 75% 25 years Interest-Only Period for a year Non-recourse with no covenants c-pace: $4.3MM LOCATION: PA Type: Retrofit Building Healthcare term: 25 Years Status: Closed Project Description A former historic hospital campus had been converted into a multi-use medical…
$42MM • Southern, CA Transaction Highlights Total financing of $42MM across four properties 25 years Capitalized interest reserve for 2 years c-pace $42.5MM Location: CA Type Retrofit Building: Hospital TErm: 25 Years Status: Closed Project Description The Office of Statewide Health Planning and Development (OSHPD), instituted guidelines that required several Hospitals owned by a national…
$55.4MM Keystone, CO Transaction Highlights Total financing of $55.4 MM PACE LTV: 20.74% Capitalized interest period of 20 months 25 year amortization c-PACE: $55.4MM Location: CO Type: New Construction building: Hotel + Condominium Project Description Condominium Resort Project in Keystone, CO. Bayview PACE provided $55.4MM in C-PACE financing for new construction 107-Key Hotel And a…
$42.5MM • arcadia, ca Transaction Highlights Total financing of $42.5MM PACE LTV: 41.30% CLTV: 69.48% 30 Years Interest Only Period of 1 year c-pace $42.5MM LOCATION: CA TYPE: New Construction Building: Hospitality Term: 30 Years Status: Closed Project Description The Le Meridien Hotel completed construction in Spring of 2021 during the Covid-19 Pandemic. The construction…
$11.8MM • Hollywood, FL Transaction Highlights Total financing of $11.8MM LTV of 23% CLTV of 77% 30 years fixed Capitalized interest period of 3.5 years Interest-Only Period of 4 years c-PACE: $11.8MM Location: FL Type: New Construction building: Condominium Term: 30 Years Fixed Status: Closed Project Description Condominium Project in Hollywood, FL. Total project cost…
