Multi-Family Historic Redevelopment
|December 27, 2017|
|Total C-PACE Financing|
|C-PACE Tax Assessment (annual)|
|Set the PACE|
701 N 1st Street, St. Louis, Missouri
RAHILL Capital closed on financing for a multi-family redevelopment in St. Louis. The $1,303,223 in C-PACE financing enabled Advantes Development to complete the capital stack necessary to redevelop a historic building into apartments. The Peper Lofts project is RAHILL’s thirteenth successfully-closed C-PACE deal.
The property owner used C-PACE for the second time on one of their developments. It allows them to reduce developer equity and increase their ROI.
- LED Lighting
- HVAC System and Controls