$500,000 • Dallas, TX Transaction Highlights Total financing of $500,000 LTV of 6.94% and CLTV of 77.36% 25 years fixed Interest-Only Period for 6 months c-pace $500,000 LTV: 6.94% type: Retrofit building: Office term: 25 Years Fixed Status: Closed Project Description White Rock Tower, Dallas Texas. The subject property is a 73,000 square foot multi-tenanted,…
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$4.3MM • Pennsylvania Transaction Highlights Total financing of $4.3MM across 4 properties LTV of 9% and CLTV of 75% 25 years fixed Interest-Only Period for a year Non-recourse with no covenants c-pace: $4.3MM LTV: 9% Type: Retrofit Building Healthcare term: 25 Years Fixed Status: Closed Project Description A former historic hospital campus had been converted…
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$42MM • Southern, CA Transaction Highlights Total financing of $42MM across four properties LTV of 14% 25 years fixed Non-recourse Capitalized interest reserve for two years c-pace $42.5MM LTV: 14% Type Retrofit Building: Hospital TErm: 25 Years Fixed Status: Closed Project Description The Office of Statewide Health Planning and Development (OSHPD), instituted guidelines that required…
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Don’t miss this opportunity! Energy Efficiency * Water Conservation * Resiliency/Indoor Air Quality Measures Commercial PACE (C-PACE) financing is a flexible, cost-effective source of capital for your building energy efficiency, clean energy, water conservation retrofit, or new construction needs. It is low-cost, long-term, non-recourse financing that increases your NOI and property values. It is available for commercial properties…
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$55.4MM Keystone, CO Transaction Highlights Total financing of $55.4 MM LTC of 18.1% and Combined LTC of 55.9% Capitalized interest period of 20 months 26.5 year amortization c-PACE: $55.4MM Term: 26.5 Years Fixed Type: New Construction building: Hotel + Condominium Project Description Condominium Resort Project in Keystone, CO. Bayview PACE provided $55.4MM in C-PACE financing…
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$42.5MM • arcadia, ca Transaction Highlights Total financing of $42.5MM LTV of 41.30% and CLTV of 69.48% 30 Years Fixed Interest-Only Period of 2.5 years c-pace $42.5MM LTV 41.30% TYPE: New Construction Building: Hospitality Term: 30 Years Fixed Status: Closed Project Description The Le Meridien Hotel completed construction in Spring of 2021 during the Covid-19…
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$11.8MM • Hollywood, FL Transaction Highlights Total financing of $11.8MM LTV of 23% and CLTV of 77% 30 years fixed Capitalized interest period of 3.5 years Interest-Only Period of 4 years c-PACE: $11.8MM LTV: 23% Type: New Construction building: Condominium Term: 30 Years Fixed Status: Closed Project Description Condominium Project in Hollywood, FL. Total project…
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By: Alejandra Torres Fred Lee, former Co-CEO of New York City Energy Efficiency Corporation (NYCEEC), is joining Bayview Asset Management, LLC to help lead its newly-minted Commercial PACE program. A green renaissance is underway in the Big Apple. New York City is leading the charge, through its new PACE program, to develop environmentally-friendly buildings…
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By: Alejandra Torres As the commercial real estate industry ushers in a new energy-efficient era with Commercial Property Assessed Clean Energy (“C-PACE”) financing, Bayview PACE is already shaping up to be a key player in providing this accretive form of finance for property owners. Bayview PACE, operating in ‘stealth’ mode, announced that it has…
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By: Anne Hill Picture this: A developer builds a brand new, state-of-the art hotel in sunny Arcadia, California. The design is pristine with all the amenities you can think of, and the location is picture-perfect for globetrotters hoping to catch a glimpse of the San Gabriel Mountains in real life. The only problem? The…
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