Detroit Hampton Manor

C-PACE AMOUNT
$5.5M
Property Type
Senior Living
Project Type
New Construction
STATE
Michigan
Deroit Hampton Manor Senior Living
Detroit Hampton Manor

Property Description

Detroit Hampton Manor is a 78-unit assisted and memory care facility in the Northern Detroit Metropolitan area. The PACE loans will be used to finance conservation measures including high-efficiency HVAC and ENERGY STAR windows. 

Loan Usage

The C-PACE loan was a part of the project's total expected cost of $19.4M, and was utilized to cover energy efficiency and renewable energy measures that are expected to save $647,779 annually in the payback period of 9 years.