$6MM • Durango, CO
Transaction Highlights
- PACE LTV: 15.9%
- CLTV: 69.3%
-
Capitalized interest period of 31 months
- 23 year amortization
c-PACE:
$6MM
Location:
Durango, CO
Term:
25 Years
Status:
Closed
Project Description
Bayview PACE provides $6 million in C-PACE financing for key improvements for the new 124-unit Mesa Verde senior living community in Durango, CO. The C-PACE financing helped fund primary building systems including but not limited to HVAC, electrical, plumbing, and roofing.