green pace financial, inc.
A Capital Markets Advisory Firm
Total Financing Closed
$
0
BI+
Financing Closed During Global Pandemic (2020-2021)
$
0
M+
Total Project Cost Pending Financing (as of 01/2022)
$
0
BI+
CRE Development & Capital Markets Experience
0
YRS+
Energy-Efficient Development Experience
0
YRS+
A Boutique Capital Markets Advisory Firm Specializing in Complete Capital Stack Financing for Mid-to-Large Scale Commercial Real Estate Development Projects Nationwide.
Green Pace Financial, Inc.
Through a collaborative network of Debt Funds, Private-Equity and Institutional Partners with $1.4tri+ AUM, Green Pace Financial, Inc. has been entrusted to deliver Developers with the most attractive and competitive rates & terms currently available in the Capital Markets.
The responsibility is carried on with an institutional-approach to diligence coupled with an Entrepreneurial-commitment to execution.
What is C-PACE?
C-PACE (Commercial Property Assessed Clean Energy) is a state policy-enabled financing mechanism that funds 100% of all soft & hard costs associated with any energy efficiency, renewable energy, and resiliency improvements performed on a Commercial Property.
Property Owners and Developers utilizes C-PACE as a low-cost substitute for high-interest mezzanine and preferred-equity which can substantially boost NOI, increase leverage, and minimize overall financing cost and a project’s risk-profile.
- An Assessment Agreement
- Fixed-Rate - Fully Amortized over 30 Years
- Minimal Prepay On Agency Take-Out
- Non-Recourse
- No Acceleration Rights
- Transferable to New Owner
Landscaping
water efficiency
solar
Lighting
AC & Heating
Window & Insulation
Roofing
construction line-items qualifies for C-PACE
0
+
Senior+C-PACE™
- High-Leverage
- Low-Interest
- Non-Recourse
A Capital Markets first, the Senior+C-PACE™ program combines C-PACE with a highly-qualified PACE-Approved Senior Construction Lender to achieve the most attractive Capital Stack available. Through an established network of Debt Funds, Private-Equity and Institutional Partners like Nuveen ($1.4tri+ AUM), Green Pace Financial, Inc. has sourced, vetted, and executed complex financing with some of the Industry's most creative & forward-thinking Lenders paving the way for Commercial Real Estate.
The Senior+C-PACE™ program removes 99% of the obstacles Developers encounter when trying to obtain C-PACE financing for their development projects. The biggest obstacle being, getting a Senior Lender to consent and approve the C-PACE Assessment on the Property. Green Pace Financial, Inc. underwrites each project alongside an In-house PACE-Approved Senior Lender with C-PACE in mind. LOI(s) & Term-Sheet(s) will reflect the full construction requirement amount of the development project.
CONSTRUCTION PLUS (PACE) PROGRAM FUNDING TIMELINE
Term Sheet
- Week 1-2
- Application by Owner
- PACE Qualified
- PACE Qualified
01
UNDERWRITING
- Week 3-5
- Term Sheet Executed
- Document Collection/Review
- Preliminary Underwriting
02
documentation
- Week 6-8
- Final Underwriting
- Appraisal/Credit Approval
- Lender Consent
03
closing
- Week 8-10
- PACE contract signed
- PACE contract recorded
- Escrow Accounts Funded
04
Fund issued
- Week 10
- Construction commences
- Escrow funds disbursed
- PROJECT UNDERWAY
05
Where We Lend
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Recent Transactions
Project 1
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Project 2
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Project 3
Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry's standard dummy text ever since the 1500s, when an unknown printer took a galley
Project 4
Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry's standard dummy text ever since the 1500s, when an unknown printer took a galley
Project 5
Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry's standard dummy text ever since the 1500s, when an unknown printer took a galley
Project 5
Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry's standard dummy text ever since the 1500s, when an unknown printer took a galley
Project 6
Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry's standard dummy text ever since the 1500s, when an unknown printer took a galley
Project 8
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Project Submission
project documents for submittal
- Offering memorandum / executive summary
- Developer & sponsor resume
- Internal proforma
- Sources & uses
- Construction break-out
- Appraisal & marketing reports
Preliminary analysis & underwriting
- Internal due-dligence and analysis
- Meeting coordination with borrower & GPF, INC.
- Deliver preliminary term-sheet; sources & uses breakout
- Negotiation / Q&A rounds
- Borrower review & approval
official term-sheet & enagement letter
- Official term-sheet(s) & LOI(s) to be delivered and signed
- Official underwriting and loan processing to commence
For any inquiries, please call or email us:
Phone
619-786-2921
info@greenpacefinancial.com
Address
11440 W. Bernardo Court, Suite 300
San Diego, CA 92127
