$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 San Pedro on the Port of Los Angeles waterfront. The financing package includes $10 million of PACE financing from Bayview PACE and a $51.5 million senior loan, which was closed in December of 2024, provided by Oceanview Life and Annuity Co. both affiliates of Bayview Asset Management.
