Hospitality – Norfolk, NE

Bayview PACE provided $2.1MM in C-PACE financing for New Construction of a 90-Key Marriott Hotel. Project Description Recent Closing Profile – 90-key Marriott Hotel Total Project Cost: $2.1MM Bayview PACE provided $2.1MM in C-PACE financing for a 90-key Marriott Hotel in Norfolk, NE. Bayview provided an aggressively low, fixed rate loan for a 30 year…

Hospitality – Arcadia, CA

Bayview PACE provided $42.5MM retroactive PACE financing for a recently constructed hotel in Arcadia, CA. Description The Le Meridien Hotel completed construction in Spring of 2021 during the Covid-19 Pandemic. The construction loan’s maturity date was quickly approaching, and the asset needed additional time to reach stabilization before going to the permanent financing market. The…