C-PACE FINANCING

Obtain C-PACE financing for up to 35% of the stabilized value of your property.

Clearwater’s affiliate, C-PACE.com, is a leader in delivering Commercial Property Assessed Energy (C-PACE) financing across 38 states in the U.S., including the District of Columbia. Specializing in new construction, renovations, or reimbursements for energy efficiency, water conservation, and seismic resiliency upgrades for existing real estate projects, C-PACE offers innovative financing solutions. These solutions are tailored to provide borrowers with low-cost, fixed-rate, long-term, non-recourse options, covering up to 35% of the value of commercial or multifamily properties.

Submit a C-PACE Financing Request

WHAT IS C-PACE?

C-PACE, a U.S. Department of Energy-sponsored program, assures business owners of smooth execution and closing of their projects. These loans are designed with achievable standards and minimal initial costs, making them ideal for businesses prioritizing cash flow preservation. Clearwater is dedicated to collaborating with you to identify the most suitable financing solutions tailored to your unique needs.

Furthermore, C-PACE Financing, legislated at the state level, enables property owners and developers to fund construction improvements through an optional property assessment. Rooted in over a century of legal precedents in the U.S., PACE programs empower local governments to support public purposes via special taxing authorities.

Commercial developers and property owners can leverage PACE financing to bridge gaps in their capital stack or replace costlier capital sources. Utilizing PACE can substantially reduce the weighted average cost of capital for borrowers, enhancing their financial strategy.

ELIGIBLE IMPROVEMENTS

Clearwater is adept at arranging PACE financing for up to 35% of your building's value, offering low-cost fixed rates with flexible terms ranging from 20 to 30 years. PACE funding can be utilized for a wide range of components within a development or construction project. Commonly eligible items for PACE financing include:

Lighting

Building Envelope

HVAC Systems

Water Efficiency

Elevator Modernization

TESLA/EV Charger

Solar PV/Thermal

C-PACE ELIGIBLE PROPERTY TYPES

Commercial properties eligible for PACE financing encompass a diverse range, including Hotels, Multifamily buildings, Senior Living facilities, Student Housing, Retail spaces, Offices, Industrial properties, and Self-Storage units.

Submit a C-PACE Financing Request