A 10 minute call with Lone Star PACE could help determine if you qualify for Commercial Property Assessed Clean Energy (C-PACE) financing.
Water efficiency and energy efficiency components that are attached to your commercial property may qualify to utilize this type of financing. Greater efficiency frequently translates into decreased utility bills…increasing your monthly cash flow!
If you haven’t thought about upgrading your ventilation, HVAC, plumbing, roof or other systems, now’s the time to act!
No matter what your development stage, C-PACE can lower your cost of capital to make these investments.
Planning stage? C-PACE can replace some of your more expensive capital in your capital stack. For instance, mezzanine financing or preferred equity. By incorporating C-PACE at this stage, your overall cost of capital may be lower.
Project recently completed? If your project is already constructed, retroactive C-PACE allows you a 24 month look back and can free up expensive capital that has been deployed.
C-PACE financing is non-recourse and remains with the property even if it is sold, facilitating long-term investments.
Want to hear more? Lone Star PACE is available to discuss your project and assess if it qualifies for this unique financing solution.
ABOUT Lone Star PACE
As an administrator for the C-PACE program, Lone Star PACE serves select counties and cities in Texas that have adopted the C-PACE program. Qualifying C-PACE projects increase the development of more sustainable buildings and promote economic activity within these jurisdictions.
If you’d like to learn more or to see if your property or project would qualify, please complete the form and Lone Star PACE will be in touch soon.