Multi-Family Housing

Project Information


Close Date
 November 7, 2016
Total C-PACE Financing
$622,512
C-PACE Tax Assessment (annual)
$54,910
Term
20 years
Interest Rate
6.00% (fixed)
Construction Timeline
12 months
C-PACE Administrator
Show Me PACE

Building Specs


Square Feet
47.542
Year Built
1950

Walnut Terrace
1721-1723 Walnut Street, Kansas City, MO

Walnut Terrace

Project Summary

RAHILL Capital closed on the C-PACE financing for a five story, mixed-use property with 38 residential units and two ground floor commercial tenant spaces located in the Crossroads district of Kansas City, MO. The $622,512 special tax assessment enabled LSP Walnut to significantly lower its energy and operating costs. The LSP Walnut financing is RAHILL’s seventh successfully-closed C-PACE deal in the state of Missouri.

The property owner chose to use C-PACE on this project to reduce developer equity and maximize their ROI.

Qualifying Improvements

  • New R-30 Roof
  • Wall Tuck-Pointing and Insulation
  • New & Upgraded Windows