PACE Equity

Hospitality new construction project funded by PACE.

The developers of the new Westin hotel incorporated PACE Equity funds into the project's capital stack. When construction broke ground in 2016, it marked the first time that a new development utilized the PACE financial instrument.

PACE Equity contributed $6.8 million to the project, just over 10% of the hotel’s total development costs.

Cambridge Engineering, Inc., a manufacturer of energy efficient heating and ventilation technology, used PACE to upgrade its headquarters in Chesterfield, MO.

A $610,500 comprehensive retrofit resulted in an estimated 30% in energy savings.

The Preserve at Aldersgate is a 48-unit, luxury multifamily housing communicty located in west Little Rock, Arkansas. Aldersgate’s total project scope is $6.2 million.

PACE Equity, in partnership with Pulaski Commercial PACE, provided $653,212 for energy efficiency upgrades. Building owners are expected to gain over $1.9M in savings from reduced energy costs.

Royal Imex, an industrial and office renovation in California, incorporated PACE Equity for project governance, energy engineering, and financing.

PACE Equity provided $350k in funding, and the project will have an estimated $700k in savings over the term of the agreement.

COMMERCIAL DEVELOPMENT OR RENOVATION FUNDING

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WHY WORK WITH PACE EQUITY

PROJECTS FUNDED BY PACE EQUITY

Reaching Across All Asset Classes

These asset classes and more benefit from PACE.

HOSPITALITY

MULTIFAMILY

OFFICE

INDUSTRIAL

RETAIL

NEW BUILD

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