$4.3MM • Taylor, MI Transaction Highlights PACE LTV: 16.7% CLTV: 61.9% Capitalized interest period of 17 months Interest only period of 24 months 17 year amortization c-PACE: $4.3MM Location: Taylor, MI Type: Refinance building: Senior Housing Term: 24 Years Status: Closed Project Description Bayview PACE provides $4.3 million in C-PACE financing for a senior living…
$12.1MM • Cleveland, OH Transaction Highlights Capitalized interest period of 25 months 36 months of interest only 15 year amortization c-PACE: $12.1MM Location: OH Type: Refinance building: Senior Housing Term: 20 Years Status: Closed Project Description Bayview PACE provides $12.1 million in C-PACE financing for the refinancing of a senior housing development in Ohio. …
$6MM • Durango, CO Transaction Highlights PACE LTV: 15.9% CLTV: 69.3% Capitalized interest period of 31 months 23 year amortization c-PACE: $6MM Location: Durango, CO Term: 25 Years Status: Closed Project Description Bayview PACE provides $6 million in C-PACE financing for key improvements for the new 124-unit Mesa Verde senior living community in Durango, CO. …
$13MM • Simi valley, CA Transaction Highlights Total financing of $13MM PACE LTV: 24.6% CLTV: 82.5% 1 year of interest only Capitalized Interest of 18 Months c-pace $13MM Location: CA type: Bridge Loan – Refinance Building: Assisted Living & Memory Care TERM: 29 Year Term Status: Closed Project Description The borrower sought to refinance Varenita…
$4MM • Ormond, fl Transaction Highlights Total financing of $4MM PACE LTV: 7.8% CLTV: 60.6% Capitalized Interest Period of 2 years Interest only of 3 years c-pace $4MM LOCATION: FL type: New Construction Building: Senior Housing TERM: 30 Years Status: Closed Project Description The Ravella at Ormond Beach is a new 3 story Senior Living…
$12.5MM • Southern, CA Transaction Highlights Total financing of $12.5MM PACE LTV: 18.4% CLTV: 66.9% 30.4 Years Capitalized Interest Period of 2.5 years c-pace: $12.5MM LOCATION: CA type: New Construction Building: Senior Housing TERM: 30 Years Status: Closed Project Description The borrower was seeking financing for the development of a 107-unit/113, 77,200 sq ft GBA…
