Property Assessed Clean Energy (PACE) is meant to improve aging building facilities for both owners and tenants while immediately improving net operating income.
Our energy engineers perform on-site assessments and compile PACE compliant technical reports to qualify measures and quantify savings for your facilities.
(Measurement and Verification)
Per your PACE ESID requirements, our energy engineers establish, compile and issue consumption baselines and annual reports summarizing savings for your written acceptance.
Our PACE program managers and legal associates oversee your ESID setup, management operations, our project application review and compliance certification process.
Our PACE program managers compile and distribute project-specific PACE investment books to negotiate and secure competitive financing for your PACE project.
Our project managers and field technicians execute your PACE project throughout all project phases including schematic design, design development, competitive bidding and procurement, construction and post-construction.
ELIGIBLE PROPERTY TYPES
Senior Living/Healthcare Facilities
BENEFITS OF PACE FINANCING
OFF BALANCE SHEET
Treated as an
up to 30 years
Non-accelerating that transfers on ownership change
Interest rates vary
Only loser in program is
Solves the split incentive problem with assessment pass-through
Tied to the real estate,
not the business