$137MM • Cocoa Beach, FL Transaction Highlights Largest C-PACE Deal in Florida to date. PACE LTV of 27.9% CLTV of 42.2% Interest Only of 4 Years 26 Year Amortization c-PACE: $137MM Location: Cocoa Beach, FL Type: New Contruction building: Hospitality Term: 29 Years Status: Closed Project Description Westin Cocoa Beach Resort & Spa Driftwood Capital’s…
$7MM • Hudson, NY Transaction Highlights PACE LTV: 15.6% CLTV: 34.4% Capitalized interest period of 24 months 24 months of interest only 21 year amortization c-PACE: $7MM Location: NY Type: Adaptive Reuse building: Mixed Use Term: 25 Years Status: Closed Project Description Bayview PACE provides $7 million in C-PACE financing for the innovative adaptive reuse…
$9.5MM • Mammoth Lakes, CA Transaction Highlights PACE + USDA Combo Loan PACE LTV: 12.0% CLTV: 48.3% Capitalized interest period of 12 months 36 months of interest only 26 year amortization c-PACE: $9.5MM Location: Mammoth Lakes, CA Type: Refinance building: Hospitality Term: 30 Years Status: Closed Project Description Sierra Nevada Resort & Spa – Mammoth…
$1.3MM • Lake Forest, CA Transaction Highlights PACE LTV: 6.8% CLTV: 79.4% Capitalized interest period of 19 months 29-year amortization c-PACE: $1.3MM Location: Lake Forest, CA Term: 30 Years Status: Closed Project Description Bayview PACE provides $1.3MM in C-PACE financing as part of the refinancing package of a 98-key hotel located in Lake Forest, CA. …
$2MM • Holland Township, MI Transaction Highlights PACE Loan: $2MM PACE LTV: 19.4% CLTV: 71.8% Capitalized interest period of 11 months 24-year amortization c-PACE: $2MM Location: Holland Township, MI Term: 25 Years Fixed Status: Closed Project Description Bayview PACE Provides $2 Million C-PACE Financing for a project outside Grand Rapids, Michigan. The 132,000 square-foot office property…
$3.5MM • columbia, MO Transaction Highlights PACE Loan of $3.5MM PACE LTV: 6.5% CLTV: 76.7% Interest only 4 months c-PACE: $3.5MM Location: Columbia, MO Type: New Construction building: Hospitality Term: 20 Years Fixed Status: Closed Project Description Bayview PACE Provides $3.5 Million C-PACE Financing for a hospitality project in Columbia, MO. CLOSED BY: Bayview [email protected]
$19.8MM • Oakhurst, CA Transaction Highlights PACE Loan of $19.8MM PACE LTV: 30.6% CLTV: 45.9% Capitalized interest period of 26 months 3 years of interest only 25 year amortization c-PACE: $19.8MM Location: Oakhurst, CA Type: New Construction building: Hospitality Term: 30 Years Fixed Status: Closed Project Description Outbound Hotel & Cabins Yosemite Bayview PACE Provides…
$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.
