Senior Housing
New Construction
$12.5MM
30 Years
Temecula, CA
The borrower sought financing for the development of a 107-unit, 77,200-square-foot garden-style senior living campus. The private-pay community will include 15 independent living units, 60 assisted living units, and a dedicated 32-unit memory care wing.
Bayview delivered $12.5MM in C-PACE financing to support the project’s ground-up development. The borrower plans to refinance with a long-term HUD execution, and the addition of C-PACE enabled the sponsor to reach 90% combined loan-to-cost—providing meaningful flexibility and reducing upfront equity requirements.
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