July 5, 2023

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    Lenders are coming around to C-PACE financing

    C-PACE is long-term, fixed-rate, non-recourse financing that is repaid as a special assessment on the property that can fund improvements related to energy savings during construction, rehabs and/or adaptive reuse. This is a great way for borrowers to enhance leverage and is cheaper than mezz and pref equity. Current rates are in the low to More