PACE Loan Group (PLG) has arranged a $4.45-million PACE loan secured by a special assessment for Lawson’s Landing, which will support the nearly 70-year-old California campground’s new wastewater treatment, solar energy and energy and water efficiency improvements. These improvements will facilitate and enhance new restrooms and rental cottages at the campground.

Located in the northwestern corner of Marin County, the 608-acre campground borders the Pacific Ocean just north of Point Reyes National Seashore. The PACE assessment was closed through the California Statewide Community Development Authority Open PACE program.

“The additions to the property are aimed at turning Lawson’s Landing into one of the most sought after
vacation destinations on Tomales Bay,” said Mike Lawson, part of the current generation of the
Lawson family who operates the campground. “The C-PACE funding source fits completely with our
family’s mission to preserve and protect the coastland and wetlands.”

The project, which is expected to be completed by December 2024, received approval from the
California Coastal Commission in April 2020. “This transaction really represents the flexibility of C-PACE financing and PLG, given that this was a non-traditional asset with a non-traditional capital structure,” said Jacob Roth, VP at PLG. “We were able to get creative to find the best way to support the improvements that the Lawson family wanted to implement.”