Prior Lake Senior Living
C-PACE AMOUNT
$2.5M
Property Type
Senior Living
Project Type
New Construction
STATE
MN
Prior Lake Senior Living
Property Description
Prior Lake Senior Living is a 32-unit senior living facility. The PACE loan will be used to finance energy conservation measures including increased building installation and high-efficiency HVAC.
Loan Usage
The C-PACE loan was utilized to cover energy efficiency and renewable energy measures that are expected to save $135,423 annually in the payback period of 18.5 years.
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