As traditional and bridge lenders tighten up their lending preferences, borrowers and developers still need access to capital.
Enter CPACE.
Commercial Property Assessed Clean Energy is a long-term, fixed-rate form of financing for energy-efficient measures invested in a commercial property.
Funding can cover up to 30% of a project’s cost and look back 36 months.
(Longer, if it is related to seismic upgrades.)
It is a great way to plug a hole in your capital stack if your bridge or perm lender can’t get to the value or leverage you need to avoid a capital call.
Best of all, it is a treasury-based product, so pricing is competitive.
Want a list of eligible improvements? Drop your name in the comments or sign up in the link
Want to save time?
Send us your line-item construction budget and we’ll help you figure out what is eligible.
https://bit.ly/Marcelo_Email_Signup
