Recent Closings

Let’s move your project forward

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

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

Hospitality

Luxury Hotel

Funding Allows Owner to Manage Cost Overruns and Replace Expensive Mezzanine Debt

LOCATION: Dallas, TX
PROJECT INFO: Funding “First”, Large, New Construction, Refinance
FUNDING AMOUNT: $48 Million
CARBON SAVED: 27,283 Metric Tons

Multifamily

Red Skye Lofts

PACE Equity Funds Cost Overruns on Hospital Redevelopment

LOCATION: Redwood Falls, MN
PROJECT INFO: Redevelopment, Refinance
FUNDING AMOUNT: $2.2 Million
CARBON SAVED: 5,000 Metric Tons

Hospitality

All Inn Hotel

Historic Hotel Repositioned as Upscale Boutique Hotel

LOCATION: Denver, Colorado
PROJECT INFO: Complex Capital Stack, Historic Tax Credit, Redevelopment
FUNDING AMOUNT: $7 Million
CARBON SAVED: 2,356 Metric Tons

Industrial

Extra Space Storage

Chicago Self-Storage Facility Refinances to Pay Down Mortgage

LOCATION: Chicago, IL
PROJECT INFO: Renovation/Expansion
FUNDING AMOUNT: $3 Million
CARBON SAVED: 22,150 Metric Tons

Multifamily

Temple Apartments

PACE Equity Proceeds Cover Cost Overruns Mid-Construction

LOCATION: St Louis, MO
PROJECT INFO: Redevelopment
FUNDING AMOUNT: $7.4 Million
CARBON SAVED: 4,522 Metric Tons

Senior Housing

Cloverland Park Senior Living

Assisted Living and Memory Care Facility Refinances Two Years After Construction

LOCATION: Brentwood, TN
PROJECT INFO: Large, Refinance
FUNDING AMOUNT: $10.8 Million
CARBON SAVED: 560 Metric Tons

Multifamily

Harding Village Apartments

Capital Stack Features LIHTC and PACE Equity Financing

LOCATION: Marion, OH
PROJECT INFO: New Construction
FUNDING AMOUNT: $750 Thousand
CARBON SAVED: 4,000 Metric Tons

Hospitality

Marriott AC | Element by Westin

Largest PACE Project in Nevada History Leverages a Lower Rate for the Low Carbon Hotel

LOCATION: Las Vegas. NV
PROJECT INFO: CIRRUS Low Carbon, Funding “First”, Large, New Construction
FUNDING AMOUNT: $40 Million
CARBON SAVED: 4,200 Metric Tons

Senior Housing

Grace Senior Living

Senior Living Project Completes Capital Stack with Non-Recourse Financing

LOCATION: Rochester Hills, MI
PROJECT INFO: New Construction
FUNDING AMOUNT: $5.1 Million
CARBON SAVED: 9,500 Metric Tons