$2MM • Holland Township, MI
Transaction Highlights
- PACE Loan: $2MM
PACE LTC: 16.7%
- PACE CLTC: 61.9%
Capitalized interest period of 11 months
- 24-year amortization
c-PACE:
$2MM
Location:
Holland Township, MI
Term:
25 Years Fixed
Status:
Closed
Project Description
Bayview PACE Provides $2 Million C-PACE Financing for a project outside Grand Rapids, Michigan.
The 132,000 square-foot office property outside Grand Rapids MI uses flexible, innovative C-PACE to fund improvements in a church conversion.
