$57MM • Ferndale, wa Transaction Highlights Total financing of $57MM Senior Construction Loan of $45MM PACE Loan of $12MM PACE LTV of 12.3% and Combined LTV of 58.1% Capitalized interest period of 32 months 12 months of interest only 26 year amortization c-PACE: $12MM Location: WA Type: New Construction building: Multifamily Term: 30 Years Fixed…
$13.1MM • Huntington Beach, ca Transaction Highlights Total financing of $13.1MM PACE LTV of 31% and Combined LTC of 79% Capitalized interest period of 18 months 29 year amortization c-PACE: $13.1MM Location: CA Type: New Construction/Refinance building: Condominium Term: 29 Years Fixed Status: Closed Project Description Bayview PACE provided a PACE loan for $13.1MM for…
$8.5MM • Los Angeles, ca Transaction Highlights Total financing of $8.5 MM LTC of 34.8% and Combined LTC of 76.7% Capitalized interest period of 18 months 29 year amortization c-PACE: $8.5MM Location: CA Type: New Construction building: Condominium Term: 29 Years Fixed Status: Closed Project Description Bayview PACE provided a PACE loan for $8.5MM for…
$13MM • Simi valley, CA Transaction Highlights Total financing of $13MM 29 Year Term Capitalized Interest of 18 Months c-pace $13MM LTV: 24.4% type: Bridge Loan – Refinance Building: Assisted Living & Memory Care TERM: 29 Year Term Status: Closed Project Description The borrower sought to refinance Varenita of Simi Valley, a Class A senior…
$63.5MM • Tallahassee, fl Transaction Highlights Total financing of $63.5MM PACE Loan $15.5MM Construction Loan $48MM 30 Year Term on PACE Capitalized Interest Period of 19 Months LOAN $63.5MM Combined LTC: 67.26% type: New Construction Building: Mixed Use: Student Housing & Retail TERM: 30 Year on PACE Status: Closed Project Description $63.5 Million Mixed-Use Development…
$4MM • Ormond, fl Transaction Highlights Total financing of $4MM LTC of 10% and CLTC of 80% 25 years fixed Capitalized Interest Period of 3 years c-pace $4MM LTC: 10% type: New Construction Building: Senior Housing TERM: 25 Years Fixed Status: Closed Project Description The Ravella at Ormond Beach is a new 3 story Senior…
$3.3MM • Baltimore, MD Transaction Highlights Total financing of $3.3MM LTV of 12% and CLTV of 76% 25 years fixed Capitalized interest period of 1.5 years Interest-Only Period of 5 years c-pace $3.3MM LTV: 12% type: Retrofit building: Multifamily term: 25 Years Fixed Status: Closed Project Description The borrower purchased a historic building in downtown…
$5MM • Alexandria, MN Transaction Highlights Total financing of $5MM LTV of 13% and CLTV of 70% 21 years fixed Capitalized interest period of 1.5 years c-pace: $5MM LTV: 13% type: New Construction building: Mixed-Use term 21 Years Fixed Status: Closed Project Description The borrower was looking to finance the new construction of a 4-story,…
$12.5MM • Southern, CA Transaction Highlights Total financing of $12.5MM LTC of 25% and CLTC of 90% 30 years fixed Capitalized Interest Period of 2.5 years c-pace $12.5MM LTV: 25% type: New Construction Building: Senior Housing TERM: 30 Years fixed Status: Closed Project Description The borrower was seeking financing for the development of a 107-unit/113,…
$2.1MM • Norfolk, NE Transaction Highlights Total financing of $2.1MM LTV of 18% and CLTV of 93% 30 years fixed Capitalized Interest Period for 1.5 years c-pace: $2.1MM LTV: 18% Type: New Construction building: Hospitality term: 30 Years Fixed Status: Closed Project Description The borrower was looking to build a new 90-key Marriott-flagged extended-stay/limited service…
