PACE Loans in Atlanta and the State of Georgia

PACE Equity Funds Local Developments

PACE Equity serves Atlanta and the state of Georgia with commercial real estate financing for redevelopment, new construction, renovation, refinancing, and renewable energy projects. Our firm provides gap financing for up to 30% of the capital stack (or 100% for renewable energy projects). Since 2014, PACE Equity has funded well over 200 Property Assessed Clean Energy (PACE) projects as an innovation leader, always focused on improving client returns. We use PACE financing which is low-cost, long-term, and non-recourse.

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CIRRUS

Our award-winning funding program, CIRRUS Low Carbon, offers a lower cost of capital when you build a lower carbon building. We provide a design specification that outlines the low carbon goals. When you use the specification, you receive a lower interest rate – it’s that simple! Our requirements are straightforward and practical. We work with you and your design team to ensure you can meet the requirements at no cost or the lowest possible incremental costs. Lower rates for lower carbon.

CIRRUS Low Carbon Details

PACE Financing Expert

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Dan McKenna is our Originations Leader for Miami and the state of Florida. He has over 20 years of real estate experience with an extensive background in construction, development, and financial management for major projects. He is a member of the Urban Land Institute and was elected Chartered Surveyor of the Royal Institution of Chartered Surveyors in 2003. Reach out to him to schedule a meeting and discuss your next project.

Local PACE Programs

The city of Atlanta has an active C-PACE program administered by Invest Atlanta. Outside of Atlanta, the state of Georgia signed PACE legislation into law in March 2024. A PACE program needs to be drafted and an administrator selected for financing to be available outside of Atlanta. Atlanta allows for terms of up to 30 years. An SIR of at least 1 is required for renovation and retroactive refinancing projects. New developments, gut rehabs, and repositioning projects are not subject to an SIR and must instead demonstrate a designed energy performance level higher than existing building energy code. Contact your local Managing Director to learn more.

Relevant PACE Equity Case Studies for Atlanta and the State of Georgia

Here are some recent case studies of projects you might find interesting. We’ve got more project stories that show the many ways we’ve helped deliver PACE financing.

Questions? Interest? Ready for more? Let’s connect.

Here is where we can fund projects today

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