Condominium – Miami, FL
$180MM • Miami, FL Transaction Highlights c-PACE: $180MM type: Ground-up Construction Location: Miami, FL Building: Condominium Project Description Bayview PACE closes $180 million in C-PACE financing for the ground-up construction of Domus Brickell Center, a 35-story residential high-rise project of Miami-based North Development. This financing marks a historic milestone: The largest ground-up C-PACE construction loan…
Hospitality – Cocoa Beach, FL
$137MM • Cocoa Beach, FL Transaction Highlights 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 Construction building: Hospitality Term: 29 Years Status: Closed Project Description Westin Cocoa Beach Resort & Spa Driftwood Capital’s signature Westin Cocoa Beach Resort & Spa,…
Mixed Use – Hudson, NY
$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…
Hospitality – Mammoth Lakes, CA
$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…
Hospitality – Lake Forest, CA
$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. …