Funding for C-PACE financing is provided by private capital providers, which may include banks, specialty financiers, institutional investors, insurance companies, and other capital providers.… Read Article
Blog Archives
How do I apply for C-PACE financing for my project?
To apply, simply complete the Application Form and submit it and any attachments to Reno@PACEworx.com.… Read Article
How do developers qualify for financing?
Developers can qualify for C-PACE Financing in an amount up to 35% of the fair market (“as stabilized”) appraised value of their Tract, provided they design a new building to … Read Article
From an accounting perspective, have any auditing firms concluded that the assignable lien (which supports the financing) is not the property owner’s liability?
There has been no specific ruling by the Financial Accounting Standards Board on this issue.… Read Article
Is there clarity on the treatment of C-PACE as an operating expense from the perspective of the accounting industry?
You are encouraged to consult an accountant on this matter.… Read Article
Are C-PACE assessments considered off-balance sheet?
You are encouraged to consult an accountant on this matter.… Read Article
How does C-PACE financing benefit developers?
Developers can qualify for C-PACE Financing in an amount up to 35% of the fair market (“as stabilized”) appraised value of their Tract, provided they design a new building to … Read Article
What improvements are eligible for C-PACE financing?
Improvements that are eligible for C-PACE financing must be permanently affixed to the qualifying commercial or industrial property and have a useful life of 10+ years.
Energy Efficiency Improvement Projects. … Read Article
What is C-PACE for new construction?
C-PACE is an innovative, new financing mechanism for commercial real estate developers. It enables you to access affordable, long-term, non-recourse financing for the installation of energy efficiency and renewable energy … Read Article
What building improvements are eligible for C-PACE financing?
Improvements that are eligible for C-PACE financing must be permanently affixed to the commercial or industrial property. Examples include, but are not limited to:
- Automated building controls (such as BMS