Pace Loan Group

Eden Prairie Senior Living

C-PACE AMOUNT
$2.7M
Property Type
Senior Living
Project Type
New Construction
STATE
MN
Eden Prairie Senior Living

Property Description

Eden Prairie Senior Living is a 32-unit senior living facility. The PACE loan will be used to finance the new construction of the property and the installation of Solar roof. The project is expected to be completed by October 2023. 

Loan Usage

The C-PACE loan was a part of the project's total expected cost of $11.1M, and was utilized to cover energy efficiency and renewable energy measures that are expected to save $137,838 annually in the payback period of 20 years. 

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