2024 Expected to be Another Record-Setting Year for PACE

Jun 25, 2024

PACE issuance got off to a strong start in 2024 as property owners looked to offset a lack of available bank debt with alternative financing solutions.  PACE asset-backed securities volume totaled about $362 million through June 7, according to a new report from Morningstar DRBS. The robust volume comes on the heels of a record-setting […]

Hotels Are Harnessing the Power of PACE to Meet Sustainability Goals

Jun 13, 2024

Amid widespread demand for sustainability and low-cost debt, one asset type is leading the charge for Texas’ Commercial Property Assessed Clean Energy program.  Hospitality groups are increasingly turning to C-PACE to help finance new and existing projects, with half of loans administered by Lone Star PACE so far this year tied to hotels. Owners are […]

How hotel property owners can afford to maintain sustainability

Jan 9, 2024

To provide services for guests, hotel properties are prone to consuming a high volume of energy and water. Heating, cooling, lighting, laundry, irrigation, and operating swimming pools are just some of the activities that drive usage. Just how much? A recent report from the Urban Land Institute reveals that hotels are among the highest energy […]

young-man-and-woman-sitting-by-coffee-shop-with-la-Mixed-Use-Property

Mixed use property owners maximize business potential with C-PACE

Sep 16, 2023

According to data from the Department of Energy, there are nearly 6 million commercial properties in the U.S., utilizing 97 billion square feet of floor space.  Collectively, this sector spends $190 billion on energy, creating an opportunity for businesses to improve efficiency and reduce costs around heating, cooling, lighting, and water. For mixed use property […]

Retail Shop "Open" for business sign Photo by Mike Petrucci

Why retail property owners should consider energy and water upgrades

Sep 2, 2023

As retail property owners adjust to a new normal and reimagine business models, controlling costs will be critical to success. Retail properties use an average of 18.3 kilowatt-hours (kWh) of electricity per square foot annually, with 60% of it consumed by lighting, heating, and cooling. Lighting alone represents 25% of usage! You have an opportunity […]

Office Building

How to retrofit office buildings with efficiency upgrades without breaking the bank

Aug 26, 2023

Hot summer days and cold winters can be expensive for office building owners. According to the EPA, heating and cooling is one of the top uses for water consumption in office buildings. Energy represents nearly 20% of operational costs with more than 50% of energy use in the average office building coming from lighting, heating, […]

Industrial Plant picture

How C-PACE helps industrial property owners save

Aug 19, 2023

Outdated, inefficient HVAC systems, lighting, water management, and insulation  are costing industrial property owners. According to data from the U.S. Energy Information Administration, the industrial sector consumes a considerable amount of energy in the U.S., accounting for 36% of total end-use energy consumption.  Water consumption resulting from industrial processes and heating and cooling also adds […]

Property Assessed Clean Energy

How multifamily property owners can afford energy and water upgrades

Aug 9, 2023

Energy expenses can be one of the largest operating costs for a multifamily building. Water usage can add up too, especially in Texas where water expenses are the 10th highest in the country. It doesn’t help that energy and water expenses are variable, making the costs unpredictable for you and your tenants.  To reduce costs, multifamily […]

Capitol Building

How to improve your community and the environment – at no charge to the taxpayer

Jul 15, 2023

It’s not often that an opportunity comes along that benefits your constituents, WITHOUT charging taxpayers money. Here’s one of those rare occasions. Almost 20% of the nation’s annual greenhouse gas emissions come from the energy use in commercial office buildings. 51% of that is HVAC alone! With the C-PACE, or “Commercial Property Assessed Clean Energy,” […]

How To Pay For Upgrades to a Commercial Property?

Mar 20, 2023

Are you like many Texas property owners who have a list of upgrades you would like to complete on your commercial property, but wonder if it’s the right time to tie up funds in such investments? Do you want to update the HVAC system, lighting, faucets, windows, roofing, etc. but wonder how you will cover […]

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