The Mackie Building in Milwaukee, WI had a complex capital stack with 7 sources. Even with that, there was still a gap. PACE Equity was able to work with it to fund an additional 12% of the total development cost and close the gap.
The Mackie Building, a 19th-century historic landmark of downtown Milwaukee, completed a comprehensive redevelopment plan made possible by PACE Equity financing. J. Jeffers & Co., the building’s owner, saw PACE Equity as a “really critical piece” of the project.
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