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PLG Provides $25.6M C-PACE Financing for Seniors Housing Development in Oregon
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PLG Provides $25.6M C-PACE Financing for Seniors Housing Development in Oregon
TIGARD, ORE. — PACE Loan Group (PLG) has provided $25.6 million in Commercial Property Assessed Clean Energy (C-PACE) financing for a seniors housing development currently underway in Tigard, roughly 10 miles outside downtown Portland. Mosaic is the developer and borrower. Construction on the community, Cedarbrook Senior Living, began this year. Upon completion, which is scheduled for early 2028, the development will feature one four-story buil…
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