News & Analysis as of

Financing PACE

Winstead PC

C-PACE Has Entered the Capital Stack Chat

Winstead PC on

The latest hurdle in getting a deal done in the post-Fed-rate-hikes era revolves around the capital stack, which, according to the Commercial Observer, is more complicated than ever. Deals are taking longer because...more

Holland & Knight LLP

An Introduction to Property Assessed Clean Energy Financing

Holland & Knight LLP on

Property Assessed Clean Energy (PACE) is a financing model that provides low-cost, long-term funding for eligible energy efficiency and renewable energy projects. PACE is a national initiative by the U.S. Department of...more

McGlinchey Stafford

C-PACE Offers Benefits for Energy Efficient Properties in Many States

McGlinchey Stafford on

Regardless of arguments as to its cause, climate change is real and its negative effects on health and the environment are evident. And although there exist legal directives that certain businesses must meet to increase...more

Bricker Graydon LLP

[Webinar] 2022 Kentucky PACE Market Update - January 20th, 12:00 pm - 1:00 pm EST

Bricker Graydon LLP on

Are you interested in Property Assessed Clean Energy (PACE) in Kentucky? Join Bricker & Eckler and PACE administrator, Energize Kentucky, as they highlight the major accomplishments from 2021 and provide an outlook for the...more

Allen Matkins

DFPI Issues Report On California Finance Lenders

Allen Matkins on

As 2021 begins drawing to close, the Department of Financial Protection & Innovation has released its 2020 Annual Report of Finance Lenders, Brokers, and PACE Administrators Licensed Under the California Financing Law. ...more

Bricker Graydon LLP

[Webinar] PACE Market Update | 2020 Review & 2021 Forecast - January 12th, 11:00 am - 1:00 pm EST

Bricker Graydon LLP on

Bricker & Eckler, along with national and state partners, will recap significant PACE industry developments from 2020 and preview what’s on the horizon for 2021....more

Kramer Levin Naftalis & Frankel LLP

Commercial Property Assessed Clean Energy Programs Can Help Businesses Preserve Equity

Commercial Property Assessed Clean Energy (CPACE) programs present a financing option that commercial real estate owners might consider to get through leaner times. Under a CPACE program, a property owner can borrow money to...more

Cole Schotz

Commercial Property Owners: New Financing Available For Existing And New Energy Cap-Ex Projects

Cole Schotz on

Property Assessed Clean Energy (“PACE”) (also sometimes referred to as C-PACE) financing is a little-known financing tool now available to commercial property owners in more than 35 states, including New York, New Jersey, and...more

Bricker Graydon LLP

[Webinar] Virtual Energy Exchange - May 5th, 2:00 pm - 3:00 pm EST

Bricker Graydon LLP on

Join us for an online briefing of Ohio's energy development and future, especially as it relates to the recent COVID-19 pandemic, presented by Bricker attorneys. Energy companies, policy makers, regulators, business...more

Ballard Spahr LLP

Industry Trade Groups Respond to FHFA Request for Input on PACE Transactions

Ballard Spahr LLP on

In January 2020 the Federal Housing Finance Agency (FHFA) published a request for input on Property Assessed Clean Energy (PACE) transactions involving residential property. ...more

Allen Matkins

Finance Lenders Annual Report Due Soon

Allen Matkins on

Licensees under the California Financing Law (CFL), the Property Assessed Clean Energy (PACE) Financing Program, and the Responsible Small Dollar Loan (RSDL) pilot program must submit their annual to the Department of...more

Bricker Graydon LLP

PACE offers innovative financing for significant energy efficiency and renewable energy improvements

Bricker Graydon LLP on

Hospitals are some of the most energy-intensive buildings in the nation, consuming three to five times as much energy as high-end commercial hotels. As energy costs rise and building sustainability concerns grow, energy...more

Bricker Graydon LLP

[Webinar] 2020 Michigan PACE Market Update - January 23rd, 12:00 pm ET

Bricker Graydon LLP on

Interested in Property Assessed Clean Energy Financing in Michigan? PACE administrator, Lean & Green Michigan, will give an update on Michigan's PACE market, and Bricker & Eckler will take a deep dive into PACE legislation...more

Bricker Graydon LLP

Greater Cincinnati Energy Alliance has record-breaking year for PACE financing

Bricker Graydon LLP on

Bricker & Eckler LLP congratulates Greater Cincinnati Energy Alliance (GCEA) on a record-breaking year in Property Assessed Clean Energy (PACE) financing transactions. In 2019, GCEA has closed 24 PACE loans valued at nearly...more

Bricker Graydon LLP

Ohio will become fourth state to offer residential PACE for energy improvements

Bricker Graydon LLP on

Homeowners in Summit, Franklin and Lucas Counties will soon have access to low-interest loans for energy efficiency improvements through property assessed clean energy (PACE) financing. In Summit County, the City of Barberton...more

Bricker Graydon LLP

Dayton Arcade approval marks several “firsts” for PACE financing

Bricker Graydon LLP on

A redevelopment project that has been more than a decade in the making, the formerly abandoned Dayton Arcade will see new life. Through an innovative Property Assessed Clean Energy (PACE) financing structure and the...more

White and Williams LLP

PACE Loan Considerations for Commercial Real Estate Lenders

Property Assessed Clean Energy (PACE) loans provide property owners with financing for “green” improvements designed to increase energy efficiency, water conservation, disaster resiliency and renewable energy solutions. PACE...more

Bricker Graydon LLP

Summary of 2018 PACE transactions in Ohio

Bricker Graydon LLP on

Please see Infographic below for more information. ...more

Bricker Graydon LLP

PACE financing used for $3.3 million upgrade of downtown Columbus tower

Bricker Graydon LLP on

Recently, the owner of the 24-story, 360,000-square-foot PNC Plaza office tower, which is located in downtown Columbus, Ohio, wanted to upgrade the energy efficiency of the building. ...more

Ballard Spahr LLP

HUD rolls back PACE financing in single family FHA deals

Ballard Spahr LLP on

In July 2016 HUD issued guidance on the use of Property Assessed Clean Energy (PACE) assessments for single family properties with FHA-insured mortgages. In January 2017, HUD followed with guidance on the use of PACE...more

Ballard Spahr LLP

California Makes Changes to the Finance Lenders Law

Ballard Spahr LLP on

Recently, several changes were made to the California Finance Lenders Law with various effective dates. Effective immediately, the California Finance Lenders Law has been renamed the "California Financing Law."...more

Mayer Brown

“PACE” for Residential and Commercial Renewable Energy Projects – What is it?

Mayer Brown on

“PACE” – Is it the new buzzword? Lately, it seems I keep hearing about securitizations backed by PACE financings. What is a PACE financing program, and what is happening in the securitization market?...more

Orrick, Herrington & Sutcliffe LLP

Amendments to California PACE Financing Statutes Become Effective January, 1 2017

On January 1, 2017, certain amendments to California's current statutory schemes for authorizing Property Assessed Clean Energy (PACE) financing programs will become effective. The amendments primarily prescribe additional...more

Mintz - Energy & Sustainability Viewpoints

Policy and Legal Implications of Implementing Renewable Energy at Scale: Finance Gap for Innovation Deployment (Part 4 of 6)

The Problem: Finance Gap for Innovation Deployment - The last decade has seen tremendous innovations in cleantech that have not only brought new products, but also a fall in prices to consumers. For example, the average...more

Mintz - Energy & Sustainability Viewpoints

Federal Housing Administration Move on PACE Showcases Program’s Possible Impact

On August 24, President Obama directed the Federal Housing Administration (FHA) to allow homeowners to purchase and refinance properties with Property Assessed Clean Energy (PACE) loans when those loans are subordinated to an...more

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