Commercial PACE Solutions from Bayview

About Us

Bayview PACE, a division of Silver Hill Funding, LLC, offers fixed-rate, non-recourse financing to help owners fund environmentally-efficient upgrades for both existing properties and new construction. We’re on a mission to make C-PACE solutions attainable and advantageous for property owners in all participating states.

Why PACE?

Enhancing Property Values

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.

Tenants also benefit, as environmentally-friendly upgrades create a healthier and more energy efficient asset. And unlike a traditional loan with monthly payments, Commercial PACE financing is repaid through annual or semi-annual real property tax assessments.

The Bayview Difference

Bayview PACE’s solutions come with a level of trust and certainty of execution that affiliates of Bayview Asset Management, an investment management firm with $15B in AUM and longstanding relationships with senior lenders across the country, consistently deliver for borrowers.

Consistently lower rates and fees
Longer capitalized interest period
Up to a 10-year interest-only period*
PACE lookback of up to 10 years*
Transactions from $500,000 to over $100MM
Up to 30% LTV
Structuring expertise across the capital stack based on billions of completed transactions

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
Projected Energy Savings: $43,902.33/Year [how is this determined?]
Eligible PACE Uses: HVAC replacement

Recent Closing: 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