A Critical Eye on C-PACE Loans: 5 Hidden Expenses Borrowers Should Consider
First introduced in California in 2009, Commercial Property Assessed Clean Energy (C-PACE) programs offer long-term, fixed-rate loans that provide capital for improved energy and water efficiency in commercial building projects, and they have been growing in popularity. Over the last 15 years, more than 3,300 development projects in 22 states and Washington, D.C. have leveraged C-PACE loans in their financing. And with the ongoing liquidity crisis and elevated interest rates expected to continue in the […]
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