Recent Closings

Let’s move your project forward

New projects closed every month so there is always something new to see

Hospitality

Modern Elder Retreat Center

Refinancing for Innovative Hospitality Project

LOCATION: Santa Fe, NM
PROJECT INFO: CIRRUS Low Carbon, Large, New Construction, Owner/User, Refinance
FUNDING AMOUNT: $10.2 Million
CARBON SAVED: 600 Metric Tons

Multifamily, Retail

The Quartier Cooperative

Development of luxury co-op achieves sustainable building goals with CIRRUS Low Carbon

LOCATION: New Canaan, CT
PROJECT INFO: CIRRUS Low Carbon, New Construction
FUNDING AMOUNT: $7.2 Million
CARBON SAVED: 4,000 Metric Tons

Hospitality

Cobblestone Hotel & Suites – Indian Lake

Cobblestone Hotels Use PACE Equity to Complete the Capital Stack

LOCATION: Russell’s Point, OH
PROJECT INFO: New Construction
FUNDING AMOUNT: $1.3 Million
CARBON SAVED: 2,200 Metric Tons

Multifamily, Retail

The Axis Lofts

Luxury Apartments Benefit from C-PACE Financing Combined with TIF

LOCATION: Mankato, MN
PROJECT INFO: New Construction
FUNDING AMOUNT: $1.4 Million
CARBON SAVED: 3,800 Metric Tons

Retail

Camp Landing Entertainment District

Developer Refinances to Paydown Mortgage and Expand with New Construction Retail

LOCATION: Ashland, KY
PROJECT INFO: Complex Capital Stack, New Construction, Refinance, Renovation/Expansion
FUNDING AMOUNT: $4.3 Million
CARBON SAVED: 9,720 Metric Tons

Multifamily

Terraces of Windsor Crossing Apartments

Refinancing with PACE Equity Allows Developers to Reclaim Equity and Pay Off a Subordinate Loan

LOCATION: Windsor, WI
PROJECT INFO: New Construction, Refinance
FUNDING AMOUNT: $1.5 Million
CARBON SAVED: 2,250 Metric Tons

Multifamily

The Edge At Randolph Apartments

Low-Cost Financing Offers Alternative to Preferred Equity for Military Housing Development

LOCATION: Universal City, TX
PROJECT INFO: New Construction
FUNDING AMOUNT: $900,000
CARBON SAVED: 260 Metric Tons

Hospitality

The Orbit Hotel by Wyndham

Former NASA Building Redeveloped into Boutique Hotel

LOCATION: Fairview Park, OH
PROJECT INFO: Complex Capital Stack, Historic Tax Credit, Redevelopment, Refinance
FUNDING AMOUNT: $4.3 Million
CARBON SAVED: 4,800 Metric Tons

Office

2 Scripps Medical Office

Medical Office Building Refinances with Low-Cost PACE Equity Financing

LOCATION: Sacramento, CA
PROJECT INFO: Refinance, Renovation/Expansion
FUNDING AMOUNT: $2 Million
CARBON SAVED: 200 Metric Tons

Hospitality

Cobblestone Hotel & Suites – Eaton

Low-Cost Gap Financing for Hotel Portfolio

LOCATION: Eaton, OH
PROJECT INFO: New Construction
FUNDING AMOUNT: $2.4 Million
CARBON SAVED: 2,000 Metric Tons