december 2025

$25.6M for Oregon Senior Living | VP of Originations Kathy Boop Joins PLG

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Washington County's largest C-PACE transaction to-date

Oregon Senior living development receives $25.6M

Creative Office receives $22.4M from PLG

PLG provided Mosaic with $25.6 million in C-PACE financing for Cedarbrook Senior Living, an assisted living and memory care facility located in Tigard, OR. C-PACE came in to help push leverage on the deal by partnering with Columbia Credit Union and optimize the borrower’s cost of capital by serving as an alternative to expensive preferred equity. 

Where C-PACE Creates an Edge in Multifamily

"Across all commercial asset classes, including multifamily, we do everything from filling in senior loan proceeds gaps, to blending down the cost of high-yield bridge debt, to paying down maturing construction debt, and more. On a recent deal, our funds were used to pay down a sponsor’s senior loan and free up a relationship lending limit with a bank for other projects – and for a multifamily development in Philadelphia, we partnered with another lender to complete the capital stack and blend down cost of capital," SVP of Originations Loren Biller said. 

Loren Biller | SVP, Originations
Loren Biller | SVP, Originations

CRE Veteran Kathy Boop joins PLG originations team in Dallas

Kathy Boop
Kathy Boop

PLG hired 20-year commercial real estate veteran Kathy Boop as vice president of originations. She joins senior vice president of originations Matt Mitchell in Dallas, and nine other originators across the U.S. “We’re thrilled to add Kathy to the originations team. She’ll bring invaluable banking connections to PLG as we seek to deepen our lender relationships,” PLG CEO Rafi Golberstein said.

C-PACE reimbursed Construction Costs

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