In this episode of In Conversation with Lone Star PACE, Jason Clouet of Bayview Asset Management stops by to discuss the journey of C-PACE financing from niche to mainstream.
Clouet also fills us in on his company’s combined financing program, which seamlessly blends C-PACE with construction and bridge loans, and where he believes the market is headed in 2025.
“The capital markets that we’ve been through in the last three years have provided a platform for C-PACE to be successful going forward,” Clouet said. “We are getting a lot more senior lenders and banks to consent to C-PACE, and there are opportunities to keep growing the C-PACE business.”
For more information on how to leverage C-PACE for your next development project, schedule a meeting with Lone Star PACE today. For more information on the creative financing solutions offered by Bayview Asset Management, visit www.BayviewPACE.com.
Episode Time Stamps
- 0.40 Jason’s background + intro into C-PACE world
- 3.28 Why are hotels such good candidates for C-PACE?
- 5.22 Impetus behind Bayview’s Combined Financing Program + how it helps to avoid obstacles in underwriting process
- 7:37 Impact of growing C-PACE acceptance by senior lenders
- 9.44 Leveraging the Combined Financing Program for various loan scenarios
- 10.43 Combined Financing Program eligible asset types
- 12.39 Impact of lower interest rates on C-PACE demand
- 15.10 Crystal ball market predictions for 2025
- 17.34 Bayview’s plan for Texas in 2025