$32,700,000 in Senior Construction Debt and $16,700,000 in C-PACE Financing for a Garage Condominium Flex Industrial Project in a Southwestern State

Transaction Description: 

George Smith Partners successfully arranged $32,700,000 in construction debt financing, complemented by $16,700,000 in C-PACE, to fund the development of a 225,000-square-foot mixed use facility which will include luxury garage suites, offices, showrooms, warehouse flex units and a secure indoor parking facility. This project is the second phase of an existing development located on the adjacent site of the sponsors’ flagship location.

Advisors

Nicholas Drohan

Associate

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