Unpacking C-PACE Trends & Combined Construction Financing with Bayview PACE
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Unpacking C-PACE Trends & Combined Construction Financing with Bayview PACE
In this episode of In Conversation with Lone Star PACE, Jason Clouet of Bayview Asset Management stops by to discuss the journey of C-PACE financing from niche to mainstream. Clouet also fills us in on his company’s combined financing program, which seamlessly blends C-PACE with construction and bridge loans, and where he believes the market…
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C-PACE Financing Fills Void Left Behind by Banks
C-PACE financing is poised to gain even more relevance next year as banks continue to pull back on lending to commercial real estate, according to new data from CBRE. Loan volumes surged in the third quarter as spreads tightened and debt liquidity returned to high-quality assets. Most financing was provided by alternative lenders, and that…
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C-PACE Financing Can Help Recapitalize Maturing Debt
The much-discussed wall of maturing loans is closing in, expanding the pool of borrowers looking to refinance and paving the way for a potential boost in demand for C-PACE financing. A new report by Moody’s found that a growing segment of commercial real estate loans have been modified as borrowers grapple with interest rate cuts…
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6 Reasons Why Senior Lenders Should Consent to C-PACE Financing
In today’s tight capital environment, property owners are increasingly turning to alternative financing sources to fund new construction projects or refinance existing buildings. Commercial Property Assessed Clean Energy, or C-PACE financing, is a relatively untapped solution that can replace more expensive forms of debt and help reduce the weighted average cost of capital. Rising demand…
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Using C-PACE Financing in Place of More Expensive Mezzanine Debt
When deciding what to pair with mortgage debt, developers may find themselves choosing between mezzanine financing and Commercial Property Assessed Clean Energy, or C-PACE, to reduce the weighted average cost of capital. C-PACE financing is an attractive alternative to a mezzanine loan because it reduces the project’s capital cost and offers longer-term solutions for a…
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C-PACE Gains Growing Relevance in CRE Capital Stack
Adoption of C-PACE financing within the commercial real estate capital stack is expected to increase in the coming months as capital providers embrace the program’s ability to modernize aging properties and boost values. As we enter the second half of 2024, CRE owners continue to grapple with elevated interest rates and a heightened cost of…
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Mixed-Use Property Owners Maximize Business Potential With C-PACE
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 owners…
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How Local Governments Can Improve Their Communities and the Environment at No Charge to the Taxpayer
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,”…
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Are Your Chamber Members Missing Out on Special Financing Opportunities?
Are any of your chamber members involved in real estate? Do they own a commercial building or manufacturing plant? Maybe they have a multifamily property? Any hotels or senior living facilities in your community? If you answered “yes” to any of the above questions, then your Chamber of Commerce needs to know about the Commercial…
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What is C-PACE and How Would it Help My Chamber Members?
What if you, as the Chamber of Commerce, could let your members in on an underused financing option that helped them upgrade their property AND increase cash flow? C-PACE, or “Commercial Property Assessed Clean Energy,” is a program that allows commercial property owners to finance renewable energy, energy efficiency, and water efficiency upgrades to their…