C PACE

Construction Loans
  • $40MM minimum loan, no maximum limit
  • Rates: 4.75% plus 6-point lender fee, paid out over time
  • C-PACE funds placed in custodial account, released on project completion
  • 100% LTC Coverage (75% LTC + 25% C-PACE reimbursement)
  • Land must be owned for 100% LTC coverage
  • 4-year term
  • Major Metro preferred. Some secondary markets considered.
  • Most asset classes available for funding. Not limited to Multifamily
  • Interest-only payments made quarterly on distributed amounts

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