C-PACE Financing for Commercial Property

FULL CAPITAL STACK SOLUTION.

Bayview PACE works with commercial property owners and developers to provide creative financing solutions that combine construction, bridge, and PACE lending.

Competitive & Flexible Structuring Options

Comprehensive Capital Solutions

Bayview PACE

Commercial Property Assessed Clean Energy (“C-PACE financing”) is a cost-effective financing tool for property owners and developers that helps them fill a gap in their capital stack and enables them to realize their vision for their assets. Commercial PACE financing is repaid through annual or semi-annual real property tax assessments.

Consistently lower rates and fees
Longer capitalized interest period
Up to a 10-year interest-only period*
C-PACE financing lookback of 3+ years*
Construction Financing Transactions from $500,000 - $100MM+
Approval at loan application (subject to due diligence), ensuring a smooth closing process.
Up to 30% PACE LTV and 90% combined LTV
Structuring expertise across the capital stack including Construction, Mezz and Bridge Loans
*may be limited by program availability

Common Use of C-PACE Financing

Retroactive

Rescue Capital

Ideal for properties with a pressing need for capital and a deferred payment structure from their lender

Equity Refinance

Free up equity from your investments

Bridge Financing

C-PACE financing can provide funds for recently completed projects that need time to stabilize

Download Mortgage Lender Guide to C-PACE Financing

Download our Commercial Mortgage Lender Guide. This is a useful resource for banks, debt funds or anyone who is new to working with C-PACE. The memo includes the following:

Overview of the C-PACE financing structure
Explanation of priority of payments
Defaults, missed payments or foreclosure scenarios
Best practices for how lenders underwrite for C-PACE
List of consenting lenders

Download the E-Guide Now

Download State by State Program Details

View State by State Program Details

Recent Closing: $42.5MM Hotel in Arcadia, CA

Financing: $42.5 million
Purpose: Refinance
Term: 30 Years
Eligible PACE Uses: Building envelope, lighting and electrical, mechanical, plumbing and water efficiency, elevators

Recent Closing: Office Park in Dallas, TX

Financing: $500,000
Purpose: Acquisition
Term: 25 Years
Projected Energy Savings: $43,902.33/Year
Eligible PACE Uses: HVAC replacement

Recent Closing: Medical Facility in Philadelphia, PA

Financing: $4.3 million
Purpose: Refinance
Term: 30 Years
Projected Energy Savings: $454,198
Eligible PACE Uses: Steam boiler replacement, chiller replacement

Trusted Partners

Anne Hill

Senior Vice President

"Bayview has the resources, capital and expertise to independently finance the largest, most complex transactions - from origination to execution. I believe we have what it takes to effectively address this growing need and become a leader in this space."