The Accelerator Program will undoubtedly be seen by many building owners as an attractive option to pay for the costs associated with LL97 compliance. Local Law 97 (2019 N.Y.C. Local Law No. 97, N.Y.C ...
In their Transactional Real Estate column, Peter Fisch and Salvatore Gogliormella focus on Commercial Property Assessed Clean Energy (C-PACE) financing as they discuss the basics of a PACE loan, ...
When lender PACE Equity provided a $5M Commercial Property Assessed Clean Energy loan to a Brooklyn nursing home in December, it was the first C-PACE loan in New York City in two years and only the ...
New York’s Local Law 97 is a critical component of the larger Climate Mobilization Act, the chief policy goal of which is reducing greenhouse gas emissions by 40 percent among targeted buildings by ...
New York City’s Commercial Property Assessed Clean Energy (C-PACE) program’s pace has been sluggish since the first loan was made three years ago. But the commercial real estate industry is hoping new ...
The Property Assessed Clean Energy, or PACE, financing program in Ohio, a tool offering long-term, low-rate financing for energy-efficient commercial buildings, is gaining acceptance with lenders, ...
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