Hospital Retrofit – California

Bayview PACE provided $42,000,000 of PACE financing for four Hospitals in Southern CA Description The Office of Statewide Health Planning and Development (OSHPD), instituted guidelines that required several Hospitals owned by a national REIT to undergo seismic retrofits prior to January 2030. The hospitals also had planned HVAC and electrical upgrades. Pace In Action Rather…

Healthcare Facility – Pennsylvania

Bayview PACE provided $4.3MM of PACE financing for the renovation of a behavioral health care facility in Pennsylvania Project Description A former historic hospital campus had been converted into a multi-use medical facility with multiple tenants and buildings served by a failing central plant that needed replacement. Ownership needed additional capital for operations after paying…