Refinance Your Project with C-PACE

Commercial Project Refinancing

Use C-PACE to refinance commercial buildings which have previously completed construction or renovations. C-PACE commercial refinancing can be used for cost overruns, debt service reserves, loan paydowns, or equity cash-outs.

PACE Equity Finance commercial refinancing supports recapitalization at any stage — during construction, at senior loan maturity, during lease-up, or at stabilization. Projects can be refinanced up to 3 years after certificate of occupancy, with unique guidelines for each state. We will guide you through the process and help you solve capital challenges.

Avoid a capital call to fund a cost overrun
Create liquidity to redeploy to other needs
Extend construction loans by offering a paydown
Extend time to stabilization
Replenish debt service reserves

Refinancing Scenarios: C-PACE as a Flexible Capital Tool

Cost-effective alternative to bridge loans; efficient option to retire construction debt.
Payments deferred through the lease up period, mitigating cash flow pressures.
Flexible exit strategies with pre-payment available for transition to long-term debt solution.

Looking for more information about C-PACE and refinancing?

This financing solution leverages investments in recently completed developments and renovations. Proceeds are drawn from your spend on improvements which impact utility costs (HVAC, lighting, windows, etc.), renewable energy measures, and/or resiliency retrofits.

PACE Equity Finance’s in-house engineering team maximizes the funding amount and amortization term while complying with unique requirements for each PACE program. Contact us for a discussion about your project.