News & Analysis as of

Commercial Property Owners PACE

Foley Hoag LLP - Energy & Climate Counsel

After the One Big Beautiful Bill Act, Could C-PACE for C&I Solar have its Moment in the Sun?

The recent passage of the One Big Beautiful Bill Act (OBBBA) has introduced significant hurdles to obtaining the tax equity financing upon which solar developers have traditionally relied. As the industry seeks to adapt to...more

Lowenstein Sandler LLP

The Ins-and-Outs of PACE Financing

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Today on “Terra Firma: Conversations on Commercial Real Estate,” Stacey Tyler invites PACE Loan Group COO Bali Kumar to discuss a specialized loan product known as Property Assessed Clean Energy, or PACE financing, a program...more

Winstead PC

C-PACE Has Entered the Capital Stack Chat

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The latest hurdle in getting a deal done in the post-Fed-rate-hikes era revolves around the capital stack, which, according to the Commercial Observer, is more complicated than ever. Deals are taking longer because...more

Morrison & Foerster LLP

NYC’s Local Law 97 Update: PACE Yourself

The first compliance period under New York City’s Local Law 97 (LL97) begins on January 1, 2024, and a January 2023 REBNY-commissioned study concluded that over 3,700 properties could be out of compliance and face over $200...more

McGlinchey Stafford

C-PACE Offers Benefits for Energy Efficient Properties in Many States

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Regardless of arguments as to its cause, climate change is real and its negative effects on health and the environment are evident. And although there exist legal directives that certain businesses must meet to increase...more

Cole Schotz

Commercial Property Owners: New Financing Available For Existing And New Energy Cap-Ex Projects

Cole Schotz on

Property Assessed Clean Energy (“PACE”) (also sometimes referred to as C-PACE) financing is a little-known financing tool now available to commercial property owners in more than 35 states, including New York, New Jersey, and...more

Herbert Smith Freehills Kramer

Commercial Property Assessed Clean Energy Assets Increasingly Popular Among Funds

An innovative type of securitized asset is increasingly popular among fund managers, specifically bonds backed by commercial Property Assessed Clean Energy (C-PACE) special tax assessments. ...more

Miles & Stockbridge P.C.

Pick Up the C-PACE – Montgomery County Opens its Commercial Property Assessed Clean Energy Program

Property Assessed Clean Energy (“PACE”) programs are being adopted throughout the country at a rapid pace. In 2014, Maryland enacted legislation authorizing local governments to establish PACE programs. Subsequently,...more

Foley & Lardner LLP

Energy Efficiency Through Innovative Financing

Foley & Lardner LLP on

Do your energy costs keep you up at night? Do aging systems keep your utility spend high while other needs draw scarce capital resources? You are not alone. Major HVAC, lighting and other upgrades can be capital intensive...more

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