Reduced utilities and operating expenses often outweigh the annual C-PACE interest payments.
Facilitates energy efficient & renewable energy projects which may otherwise be cost prohibitive.
Reduce equity with long term, non-recourse financing up to 100% of project costs.
Originated at a fraction of the cost of equity, preferred equity, and mezzanine debt.
As a tax special assessment, C-PACE is often recoverable from tenants or as a “green tax” to hotel guests.
C-PACE is not considered a mortgage instrument providing borrowers with a meaningful cost savings.