C-PACE Grows Up
Energy-tied financing moves from novelty to tool.
Commercial Property Assessed Clean Energy financing was, for years, a clever structure most lenders refused to touch. The consent process has matured, and C-PACE is now a real line in the capital stack.
When It Pencils
It works when your energy scope is a meaningful share of project cost, your senior lender has a standard consent precedent, and you can hold through the assessment's terms. Miss any of those and it is friction without reward.
Ask your senior lender for their C-PACE consent track record before you structure around it. Their answer tells you whether this is a tool or a trap.
Co-founder of Hearth Residential, a vertically integrated multifamily operator with 6,000 units across the Mountain West.
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