Pace Loan Group - c pace lending

Centro Homes

C-PACE AMOUNT
$1.6M
Property Type
Multifamily
Project Type
Adaptive Reuse
STATE
Texas
Centro Homes in Austin, TX
Centro Homes in Austin, TX

Property Description

Centro Homes is a 307-unit multifamily complex redeveloped from a formerly operational hotel. The property boasts amenities including 283 parking spaces, a swimming pool, courtyard, community center, and fitness center.

Loan Usage

The C-PACE loan financed energy conservation improvements tied to the gut renovation and conversion of the property, including roofing, HVAC, lighting and electrical upgrades.

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