c-Pace Learning Center

While PLG expects rates to remain high relative to the historical lows observed over the past several years, the continued strain on the overall refinancing market will provide significant opportunities for preferred equity players and alternative forms of financing, including C-PACE.

PLG makes complicated financing structures easier for commercial real estate developers and owners, helping them capitalize on their renovations, new construction, or conversion projects.

As part of its mission to give back to local communities, PACE Loan Group supports the Camden Collective through leadership, volunteering, and donations. PLG is also supporting the Minneapolis nonprofit PICA by partaking in The Wish Tree, a PICA program that provides local companies with holiday wish lists of children from low-income families in Hennepin County.

The annual Las Vegas gathering of commercial real estate lenders and originators was held the first week of September. While attendance was down from a pre-COVID high of 2,500, those who attended were in deal-making mode.

PACE financing is surprisingly flexible – and can fill financing gaps in any market condition. PACE gives developers a critical tool to add liquidity to any project.

Commercial Real Estate Developers are looking for new ways to reduce the capital costs associated with construction and development. Many are turning to C-PACE (Commercial Property Assessed Clean Energy) financing, which reduces their cost of capital while providing energy efficiencies for their projects.

Companies and developers at the nexus of commercial real estate (CRE) and sustainability are all asking the same question: “What does the Inflation Reduction Act (IRA) mean for me?” CRE developers are well-positioned to save thousands of dollars annually while also benefiting the environment through the IRA.

Owners, sponsors and developers are utilizing C-PACE financing’s efficient structure to enhance their project’s sustainability. However, as is typical with emerging financing mechanisms, mischaracterizations and misunderstandings about PACE and its implications remain.

Facing current economic/market challenges of inflationary concerns with rising costs and rising rates caused mostly by supply chain issues have many CRE developers/sponsors in “unchartered territory.”

Commercial Property Assessed Clean Energy (C-PACE) financing helps offset renovation and retrofit challenges by covering the cost of the building upgrades that breathe life back into an older building.