[et_pb_section fb_built=”1″ fullwidth=”on” _builder_version=”3.22″][et_pb_fullwidth_header title=”C-PACE for Property Owners” subhead=”C-PACE enables building owners to access flexible, 100% upfront financing to improve their property value.” background_overlay_color=”rgba(0,0,0,0.5)” _builder_version=”4.9.6″ title_font=”||||||||” title_font_size=”34px” content_font=”||||||||” content_font_size=”17px” background_color=”#2B6534″ background_enable_image=”off”][/et_pb_fullwidth_header][/et_pb_section][et_pb_section fb_built=”1″ _builder_version=”4.9.6″ _module_preset=”default”][et_pb_row _builder_version=”4.9.6″ _module_preset=”default”][et_pb_column type=”4_4″ _builder_version=”4.9.6″ _module_preset=”default”][et_pb_text _builder_version=”4.9.6″ _module_preset=”default”]

Maryland property owners are discovering that C-PACE is a powerful tool to fund capital-intensive building retrofit and new construction projects. With no initial cash contribution, property owners may finance 100% of eligible energy efficiency, renewable energy and water conservation improvements at competitive rates with repayment terms of up to 25 years. This directly impacts the bottom line of any project.

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Video courtesy of PACENation.

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C-PACE Requires 0% Down and Allows Long Payback Periods

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  • Building owners can be cash flow positive from day one
  • Underwriting is focused on the underlying building
  • Accessible to those with non-investment grade credit

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C-PACE Transfers with Title and to Tenants

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  • Buildings may sell before full payoff; the outstanding balance transfers to the new building owner
  • For buildings where tenants pay energy bill but owner finances upgrades, the owner may be able to pass financing costs to tenants

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Owners with Tax Appetite Love C-PACE

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  • Allows for full realization of tax credits – including solar investment tax credit (ITC)
  • Allows for accelerated depreciation benefits (MACRS)

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Immediate Net Operating Income Improvement

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  • Increases net operating income (NOI) – C-PACE projects are often cash flow positive
  • Doesn’t tie up balance sheet with debt
  • Efficiency improvements increase value of underlying asset

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For more information on what C-PACE can do for you, visit our Resources page to download property-specific quides and frequently asked questions.

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To learn more about what it takes to apply for C-PACE financing, contact us today.

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