FINANCE ENERGY SAVING INFRASTRUCTURE TODAY.

PACE In The Capital Stack

INQUIRE

Reduce Weighted Average Cost of Capital

Chicago PACE facilitates the construction or gut rehabilitation of commercial properties with improved building performance by providing capital at rates and terms superior to mezzanine debt and/or preferred equity.

PACE CAN BE USED AS A SUBSTITUTE FOR, OR ADDITION TO, MEZZANINE DEBT TO: INCREASE EQUITY YIELDS AND/OR REDUCE EQUITY REQUIREMENTS.

MezZanine

PACE WITH 
MezZanine

PACE

Generating Opportunity For Development

Additional Source of Capital

PACE is an invaluable source of capital for developers of new construction and gut rehabilitation projects, capable of reducing developer equity and driving stronger returns.

Reduces Cost of Capital 

PACE in the capital stack can reduce weighted average cost of capital by replacing expensive mezzanine financing.

Bridge Gaps in Capital Stacks

PACE can bring projects across the finish line by helping to secure additional, not to mention permanent, financing during the construction phase. 

Avoid Value Engineering Decisions That Eliminate Long Term Efficiencies

For developers interested in bringing to market the highest quality product, PACE financing can help ensure that energy efficient and renewable features remain integral and well-funded parts of the construction plan.

Smarter More Efficient Buildings Meet Community Objectives

Projects featuring energy-saving and renewable measures help meet community sustainability standards and in the case of gut rehabilitation, are particularly valued for their ability to re-deploy community resources.