Pace Loan Group

September Issue, 2023

PACE: The Chameleon of CRE financing

Midwest Real Estate News, Rafi Golberstein

One bright spot in an otherwise dreary capital markets envirnment has been the continued emergence and success of PACE (Property Assessed Clean Energy) financing, a suprisingly adaptable funding source that has proved to be effective in varied market conditions.

PACE is a privately funded, long-term (20 to 30 years), low-cost, fixed-rate source of financing that can reduce equity, or senior debt, and boost returns.

Buildings and city skyline representing Commercial Real Estate (CRE) as a whole.

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