Pace Loan Group

Vista Prairie Eagle Pointe

C-PACE AMOUNT
$7.1M
Property Type
Senior Living
Project Type
New Construction
STATE
MN
Vista Prairie Eagle Pointe

Property Description

Vista Prairie Eagle Pointe is a 134-unit senior living building with a combination of independent living, assisted living, memory care, and acute care units. The PACE loan will be used to finance energy conservation measures including high-efficiency HVAC and ENERGY STAR windows. Construction is expected to be completed by November 2025. 

Loan Usage

The C-PACE loan was a part of the project's total expected cost of $47.6M, and was utilized to cover energy efficiency and renewable energy measures that are expected to save $368,613 annually in the payback period of 20.6 years.

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