Renovate your building to attract and retain tenants, deploy your capital in areas that add value, create positive cash flow and address deferred maintenance with PACE Equity Financing.
This project for Cambridge Engineering Inc. required funding for improvements including:
This project was a win/win. Cambridge was able to complete their objectives without tying up additional capital in their building. PACE Equity financed $610,000 for the project, which reduced their utility bills by 30%, provided positive cash flow on the mechanical portion and addressed a large capex need with a roof replacement. PACE Equity provided project governance, energy engineering and funding.
You know what deferred maintenance your building has but you don't have the money set aside to pay for it.
Make your building more valuable, immediately. The investments made using PACE can create positive cash flow to immediately improve the net operating income of the building.
When leveraging PACE funding in a long term investment situation, building owners can change their upfront purchasing criteria. Looking at building systems from a total cost of ownership perspective, PACE can save millions of dollars over the life of the building.
Without putting up your own money, retain the excellent tenants in your building while creating a better space to attract additional tenants.
PACE Equity's financing is a fixed rate for the entire term which is typically 20 years. The capital we provide does not require a personal guarantee making it non-recourse.
PACE Equity provides a turnkey financing solution that covers all design, installation and long-term financing costs. Learn more about PACE Equity's solutions.
PACE Equity's team of experienced professionals can help with any steps needed to get your equipment replacement costs funded.