Construction Lending is Tightening. Let PACE Equity Fill 20-30% of your Capital Stack.
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Construction Lending is Tightening. Let PACE Equity Fill 20-30% of your Capital Stack.

PACE Equity has always been a financial tool that can serve the role of “gap-filling” in the capital stack. With construction lending tightening, many developers are seeing construction loan leverage between 45-60% Loan to Cost (LTC). Many developers have been increasing the equity contributions to cover rising costs and rates; these LTCs simply do not…

Moody’s Economist Says Positive Times Ahead for Multifamily; Other Commercial Real Estate Sectors May Have Some Adjusting to Do
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Moody’s Economist Says Positive Times Ahead for Multifamily; Other Commercial Real Estate Sectors May Have Some Adjusting to Do

Moody’s Analytics Chief Economist Mark Zandi shared an assessment of commercial real estate sectors, delivered at an exclusive online briefing for CRE professionals organized by the C-PACE Alliance and sponsored by PACE Equity. The discussion was part of a broad assessment of risks to the economy he presented in terms of both their likelihood, and…

CIRRUS Low Carbon Customer Interview – Residences at the Agora

CIRRUS Low Carbon Customer Interview – Residences at the Agora

Cleveland, OH Cleveland developer group, Renew Partners, was the first to pursue and achieve a CIRRUS Low Carbon designation. Their redevelopment of the Residences at the Agora is an example of a high efficiency design for a multifamily project. Listen in while Shawn Neece, principal at Renew Partners, comments on how the CIRRUS Low Carbon…

A Green Building Plaque Signifies State-of-the-Art Technology and Strong Design

A Green Building Plaque Signifies State-of-the-Art Technology and Strong Design

Can a simple building plaque move the needle in commercial real estate? Answer: yes. It’s true that some tenants may not realize what the plaque signifies. But more and more, tenants & visitors recognize that a green building plaque means they are entering a place with state-of-the-art technology and design that saves energy costs, reduces…

What is the “Low Carbon Economy” and How Do I Get Ready for It?

What is the “Low Carbon Economy” and How Do I Get Ready for It?

WHAT IS THE LOW CARBON ECONOMY? A low carbon economy is one that uses energy wisely, with technologies that generate low levels of greenhouse gas emissions (GHG). The shift to a low carbon economy is underway globally as companies take on the challenge of carbon emissions that are causing global warming and climate change. As recently…

Delivering on Both Developer and Tenant Priorities

Delivering on Both
Developer and Tenant Priorities

The priorities of developers and tenants may not have always been in sync in the past. Developers need to focus on strong returns, especially challenging in the current economic climate. Tenants seek healthy, efficient & comfortable spaces to live and work. According to the commercial real estate publication Commercial Observer, demands of tenants and occupants…