$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.
$55.4MM Keystone, CO Transaction Highlights Total financing of $55.4 MM PACE LTV: 20.74% Capitalized interest period of 20 months 25 year amortization c-PACE: $55.4MM Location: CO Type: New Construction building: Hotel + Condominium Project Description Condominium Resort Project in Keystone, CO. Bayview PACE provided $55.4MM in C-PACE financing for new construction 107-Key Hotel And a…
$42.5MM • arcadia, ca Transaction Highlights Total financing of $42.5MM PACE LTV: 41.30% CLTV: 69.48% 30 Years Interest Only Period of 1 year c-pace $42.5MM LOCATION: CA TYPE: New Construction Building: Hospitality Term: 30 Years Status: Closed Project Description The Le Meridien Hotel completed construction in Spring of 2021 during the Covid-19 Pandemic. The construction…
