Hospitality
New Construction
$19.8MM
30 Years
Near Yosemite, CA
The sponsor was seeking a compelling capital structure for developing a hospitality project. Given the sponsor’s long-term hold business plan, the 30-year fixed rate C-PACE loan provided a great solution to locking in accretive financing for the project.
By maximizing the C-PACE loan the sponsor was able to secure loan term fixed rate financing for the majority of the project debt stack. Bayview closed a critical gap in funding and developed a model that worked for the development. Bayview structured the loan that helped optimize the capital stack. Bayview is uniquely positioned to structure more of these package loans for the growing demand in commercial real estate amid tightening debt markets.
Or do you have additional questions? Connect with our team.
Or do you have additional questions? Connect with our team.