PACE Program a Good Source for Hotel Funding
PACE Program A Good Source for Hotel Funding C-PACE for cap-ex improvements is rapidly gaining acceptance for hotel and hospitality properties, as noted recently by real estate services firm CBRE. “A building-conditions assessment on the physical health of a hotel is often an overlooked area of opportunity, helping to identify a timeline and costs to address building…
Read MoreBayview Arranges $13.1MM
Bayview Arranges $13.1 Million C-PACE Financing for Condominium Development in Huntington Beach CA Much-needed housing for Southern California market gets boost from C-PACE funding Coral Gables FL and Huntington Beach, CA (April 21, 2023) – Bayview Asset Management (“Bayview”) today announced the closing of $13.1 million in an innovative refinance of a new condominium…
Read MoreC-PACE Increasingly a ‘Back on Track’ Financing Solution
C-PACE Increasingly a ‘Back on Track’ Financing Solution Commercial real estate projects hitting financial headwinds is nothing new, but the use of Commercial Property-Assessed Financing (C-PACE) to get them back on track has become a boon lately for developers, owners and project sponsors. The pandemic was a significant market-shock that caused more rapid adoption…
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