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Poppy Bank Closes Record $103 Million C-Pace Financing For Energy Efficient And Seismic Retrofitting Of Chinese Hospital In San Francisco

Jan 27, 2022over 3 years ago

Amount Raised

$103 Million

San Francisco

Description

Poppy Bank, recognized as one of the strongest financial institutions in the nation with branches throughout California, today announced the closing and funding of $103 million in Commercial Property Assessed Clean Energy (C-PACE) financing for the Chinese Hospital in San Francisco. The transaction includes both taxable and tax-exempt components and is the single largest C-PACE transaction ever in the nation.

Company Information

Company

Poppy Bank

Location

San Francisco, California, United States

About

Since opening the first branch in January 2005, Poppy Bank has grown to over $4 Billion in assets with branches across the San Francisco Bay Area, Roseville, and Southern California. Poppy Bank has loan production offices in Northern and Southern California, as well as loan production officers in Utah, Texas, New York, and South Carolina. The Bank is committed to providing the best products and services, propelling its success, and garnering national recognition for its performance. Poppy Bank is 5-star rated by BauerFinancial Inc., the nation's leading independent bank and credit union rating firm and is recognized as one of the strongest financial institutions in the country. Poppy Bank has also been ranked as one of the best-performing banks in the nation by the ICBA. The Bank is governed by a strong team of Executive Officers and a dedicated Board of Directors formed entirely by accomplished business leaders. Poppy Bank exists to meet the banking needs of clients and to make a positive difference in the communities served. For more information visit www.poppy.bank.

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