Recent Closings

Let’s move your project forward

New projects closed every month so there is always something new to see

Multifamily

Riley Apartments

Multifamily Project Faces Cost Increases and PACE Equity Nimbly Addresses Funding Gap

LOCATION: Burleson, TX
PROJECT INFO: New Construction
FUNDING AMOUNT: $4.4 Million
CARBON SAVED: 7,802 Metric Tons

Retail

Kiddie Academy

Owner Maintains Project Ownership Using PACE Equity for 17% of the Capital Stack

LOCATION: Gretna, NE
PROJECT INFO: New Construction, Owner/User
FUNDING AMOUNT: $1.1 Million
CARBON SAVED: 4,867 Metric Tons

Industrial

Nu-Tek Biosciences HQ

Manufacturing Plant Extends Benefits of Equipment Investments with Lower WACC

LOCATION: Austin, MN
PROJECT INFO: Complex Capital Stack, New Construction, Owner/User
FUNDING AMOUNT: $3 Million
CARBON SAVED: 28,600 Metric Tons

Multifamily

301 South Main

First New Construction PACE Project in Illinois

LOCATION: Rockford, IL
PROJECT INFO: Funding “First”, New Construction
FUNDING AMOUNT: $1.4 Million
CARBON SAVED: 5,258 Metric Tons

Multifamily

Luna Apartments

National Developer Chooses PACE Equity Over Increased Equity or Mezzanine Debt

LOCATION: Melbourne, FL
PROJECT INFO: New Construction
FUNDING AMOUNT: $10.5 Million
CARBON SAVED: 5,562 Metric Tons

Industrial

Vortex Cold Storage

First New Construction Cold Storage Warehouse PACE Project in the U.S.

LOCATION: Albert Lea, MN
PROJECT INFO: Funding “First”, New Construction, Owner/User
FUNDING AMOUNT: $4 Million
CARBON SAVED: 31,756 Metric Tons

Senior Housing

The Parkdale Senior Living

Senior Housing Renovation Leverages PACE Equity funding for COVID impacts

LOCATION: Clinton, MI
PROJECT INFO: Redevelopment
FUNDING AMOUNT: $2.4 Million
CARBON SAVED: 6,006 Metric Tons

Industrial

Badger Packaging

Manufacturing Company Preserves Capital for Business Growth

LOCATION: West Bend, WI
PROJECT INFO: Owner/User, Renovation/Expansion
FUNDING AMOUNT: $1.4 Million
CARBON SAVED: 29,220 Metric Tons

Hospitality

JW Marriott

New Flagship JW Marriott Hotel Uses PACE Equity for Low-Cost Financing

LOCATION: Dallas, TX
PROJECT INFO: New Construction
FUNDING AMOUNT: $5 Million
CARBON SAVED: 7,921 Metric Tons

Hospitality

Cambria Hotel Shelby Charter

PACE Equity Funds New Cambria Hotel at Certificate of Occupancy to Address Cost Overruns and Additional Liquidity

LOCATION: Shelby Charter Township, MI
PROJECT INFO: Retroactive Refinance
FUNDING AMOUNT: $3.6 Million
CARBON SAVED: 2,354 Metric Tons

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