Recent Closings

Let’s move your project forward

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

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

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

Multifamily, Retail

830 Main Street Apartments

Redevelopment Leverages PACE Equity for Mid-Construction Recapitalization

LOCATION: Cincinnati, OH
PROJECT INFO: Redevelopment, Refinance
FUNDING AMOUNT: $4.1 Million
CARBON SAVED: 5,446 Metric Tons

Senior Housing

Spring House Senior Living Facility

Strategic Recapitalization Used to Pay Down Construction Debt and Line of Credit

LOCATION: Louisville, KY
PROJECT INFO: Redevelopment, Refinance
FUNDING AMOUNT: $4 Million
CARBON SAVED: 5,200 Metric Tons

Industrial

Vortex Cold Storage

First New Construction Cold Storage Warehouse PACE Project in the U.S.

LOCATION: Albert Lea, MN
PROJECT INFO: Funding “First”, New Construction, Owner/User
FUNDING AMOUNT: $4 Million
CARBON SAVED: 31,756 Metric Tons

Multifamily

6200 Penn

Class A Multifamily Uses PACE Equity to Keep Equity 100% Internal

LOCATION: Minneapolis, MN
PROJECT INFO: New Construction
FUNDING AMOUNT: $4 Million
CARBON SAVED: 12,778 Metric Tons

Athletic/Other

Hall of Fame Village – Center for Performance

Repeat Funding for Projects in the Tourism Development District

LOCATION: Canton, OH
PROJECT INFO: New Construction, Owner/User
FUNDING AMOUNT: $3.7 Million
CARBON SAVED: 4617 Metric Tons

Multifamily

Lincoln Park Apartments

Multifamily Project Recapitalizes Into Fixed Rate Financing

LOCATION: Duluth, MN
PROJECT INFO: New Construction, Refinance
FUNDING AMOUNT: $3.7 Million
CARBON SAVED: 4,116 Metric Tons

Multifamily

Banes Apartments

Developer Finalizes Capital Stack with PACE Equity

LOCATION: Miami, FL
PROJECT INFO: New Construction
FUNDING AMOUNT: $3.7 Million
CARBON SAVED: 2,800 Metric Tons

Hospitality

One South Main Tower

Property Redevelopment Revitalizes Hotel

LOCATION: Laredo, TX
PROJECT INFO: Redevelopment
FUNDING AMOUNT: $3.6 Million
CARBON SAVED: 4187 Metric Tons