$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. #gallery-3 { margin: auto; } #gallery-3 .gallery-item { float: left; margin-top: 10px; text-align: center; width:…
$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…
