$1.3MM • Lake Forest, CA Transaction Highlights PACE LTV: 7.0% CLTV: 80.9% Capitalized interest period of 19 months 29-year amortization c-PACE: $1.3MM Location: Lake Forest, CA Term: 30 Years Status: Closed Project Description Bayview PACE provides $1.3MM in C-PACE financing as part of the refinancing package of a 98-key hotel located in Lake Forest, CA.…
$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…
$3.5MM • columbia, MO Transaction Highlights PACE Loan of $3.5MM PACE LTC: 10.36% CLTC: 89.43% Interest only 4 months c-PACE: $3.5MM Location: Columbia, MO Type: New Construction building: Hospitality Term: 20 Years Fixed Status: Closed Project Description Bayview PACE Provides $3.5 Million C-PACE Financing for a hospitality project in Columbia, MO. CLOSED BY: Bayview PACE…
$19.8MM • Oakhurst, CA Transaction Highlights PACE Loan of $19.8MM PACE LTC: 33.79% PACE LTV at Stabilization: 30.7% Capitalized interest period of 17 months 33 months of interest only 26 year amortization c-PACE: $19.8MM Location: Oakhurst, CA Type: New Construction building: Hospitality Term: 30 Years Fixed Status: Closed Project Description Outbound Hotel & Cabins Yosemite…
$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…
$1.4MM • austin, tx Transaction Highlights Total financing of $1.4MM c-pace: $1.4MM Rate: N/A Type: New Construction building: Hospitality term: N/A Status: Closed Project Description The borrower was looking to build a new service hotel. The borrower was looking for high leverage financing solution to accompany their plan to hold the property for long term…
$4.5MM • Macon, GA Transaction Highlights Total financing of $5MM c-pace: $4.5MM Rate: N/A type: Renovation building: Hospitality term N/A Status: Closed Project Description The borrower was looking to finance for the renovation/reposition. Total development costs were approximately $4.5MM.
$55.4MM Keystone, CO Transaction Highlights Total financing of $55.4 MM LTC of 18.1% and Combined LTC of 55.9% Capitalized interest period of 20 months 26.5 year amortization c-PACE: $55.4MM Term: 26.5 Years Fixed Type: New Construction building: Hotel + Condominium Project Description Condominium Resort Project in Keystone, CO. Bayview PACE provided $55.4MM in C-PACE financing…
$42.5MM • arcadia, ca Transaction Highlights Total financing of $42.5MM LTV of 41.30% and CLTV of 69.48% 30 Years Fixed Interest-Only Period of 2.5 years c-pace $42.5MM LTV 41.30% TYPE: New Construction Building: Hospitality Term: 30 Years Fixed Status: Closed Project Description The Le Meridien Hotel completed construction in Spring of 2021 during the Covid-19…
