PACE Loans in the State of Connecticut

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PACE Equity Funds Local Developments

PACE Equity serves Stamford and the state of Connecticut with commercial real estate financing using Commercial Property Assessed Clean Energy (C-PACE) loans. The state of Connecticut allows this financing option to encourage energy efficiency in the local building stock. The C-PACE financing can be used for new construction, redevelopment, renovation, refinancing, and renewable energy projects. Our firm provides C-PACE loans for up to 30% of the capital stack (or 100% for solar and other renewable energy projects). Since 2014, PACE Equity has funded well over 200 PACE projects with a focus on delivering improved return on equity for our clients.

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CIRRUS

PACE Equity also offers an innovative low carbon C-PACE financing option called CIRRUS Low Carbon which combines C-PACE financing with a green building designation. The program provides financial benefits, including a substantial rate reduction, for pursuing enhanced energy efficiency. This efficiency improves the carbon footprint of the building which makes it more appealing to your tenants. We even help you by coaching you through the design changes necessary to secure the lower rates.

CIRRUS Low Carbon Details

PACE Financing Expert

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Schedule Time With Me

Eli Terry is our Connecticut Originations Leader. He has over a decade of experience in the real estate financial service industry and specializes in structuring the capital stack of real estate projects. He takes pride in helping his customers achieve their strategic objectives and achieve the optimal capitalization for their projects. Reach out to him to schedule a meeting and discuss your next project.

Local PACE Programs

Connecticut’s C-PACE program is administered by Connecticut Green Bank. PACE Equity financing in Connecticut is available for nearly any class of commercial property including offices, houses of worship, and nonprofits. Retroactive refinancing is available for projects 12 months after project completion. Financial terms can last up to 25 years. For all programs, the PACE Equity Engineering and Building Optimization Team performs the required energy audit and application to the program. We offer an end-to-end process that allows you to experience a streamlined and event-free process.

Relevant PACE Equity Case Studies for the State of Connecticut

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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