Time to recapitalize your loan? Use C-PACE Financing

The long-term (up to 30 years), non-recourse financing tool C-PACE can inject fresh capital into mid-construction deals and projects up to three years post-completion, making it a viable option for recapitalizations. 

PLG recently provided C-PACE for several refinancings: $22.4 million for a Los Angeles office, $6.2 million for a Chicagoland Renaissance Hotel, and $17.7 million for a Cincinnati Hyatt House hotel, which was also used to complete construction.