Why C-PACE for Data Centers? C-PACE provides low-cost, long-term financing for energy-efficient upgrades, renewable energy, and resiliency improvements. Given that data centers consume up to 50 times more energy per square foot than traditional office buildings. ✅ HVAC and Cooling Systems – Advanced cooling technologies can dramatically cut energy use. ✅ Energy Storage and Backup…
Insights & Perspectives 08/07/24 By: Steve McGee | Rob McAdams With the higher interest rate environment constraining banks and seniors housing and healthcare borrowers alike, there may be value in knowing more about C-PACE. An acronym for commercial property-assessed clean energy, C-PACE is a financing structure that was created to encourage developers and owners to incorporate…
Dallas Class-A Office Tower Receives $2.5 Million in Retroactive C-PACE Financing for Renovations Major upgrade program for 13-story office building uses innovative financing for energy, infrastructure and improvements. Coral Gables, FL and Dallas, TX (Dec. 4, 2023) – Bayview PACE today announced providing $2.5 million in C-PACE financing for key upgrades to Woodview Tower, a…
C-PACE Gains Popularity for Seniors Housing Construction Development Finance Industry Voices September 26, 2023 By Jason Clouet, Bayview PACE For seniors housing developers and project sponsors, the timing of the growing adoption of commercial property assessed clean energy (C-PACE) financing couldn’t be better. While demographics show demand for housing is rising, many new seniors housing…
C-PACE Increasingly a ‘Back on Track’ Financing Solution Commercial real estate projects hitting financial headwinds is nothing new, but the use of Commercial Property-Assessed Financing (C-PACE) to get them back on track has become a boon lately for developers, owners and project sponsors. The pandemic was a significant market-shock that caused more rapid adoption…
Bayview PACE Closes on $8.5 Million in C-PACE Financing for 33-Unit Condominium Project in L.A. Proceeds of Commercial Property-Assessed Clean Energy financing for much-needed new housing in Los Angeles Coral Gables FL and Los Angeles, CA (March 22, 2023) – Bayview PACE announced today the closing of $8.5 million in Commercial Property-Assessed Clean Energy…
Bayview Closes on Combined Innovative C-PACE and Construction Loan Package for $63.5 Million Mixed-Use Development in Florida First of its kind finance combination of C-PACE and traditional construction mortgage kick-starts 153-unit mix-use project next to Florida State University, Tallahassee Coral Gables FL and Tallahassee FL (Feb. 6, 2023) – Bayview Asset…
Don’t miss this opportunity! Energy Efficiency * Water Conservation * Resiliency/Indoor Air Quality Measures Commercial PACE (C-PACE) financing is a flexible, cost-effective source of capital for your building energy efficiency, clean energy, water conservation retrofit, or new construction needs. It is low-cost, long-term, non-recourse financing that increases your NOI and property values. It is available for commercial properties…
By: Alejandra Torres Fred Lee, former Co-CEO of New York City Energy Efficiency Corporation (NYCEEC), is joining Bayview Asset Management, LLC to help lead its newly-minted Commercial PACE program. A green renaissance is underway in the Big Apple. New York City is leading the charge, through its new PACE program, to develop environmentally-friendly buildings…
