Commercial property owners often face significant financial hurdles when trying to implement energy efficiency, water conservation, or renewable energy projects due to high upfront costs. Traditional financing options may not fully cover these projects, leaving a gap in the capital stack and hindering sustainability efforts.

Petros PACE Finance provides 100% financing for Commercial Property Assessed Clean Energy (C-PACE) eligible projects, enabling commercial property owners and developers to overcome financial barriers and improve building performance. C-PACE financing covers both hard and soft costs associated with energy efficiency, water conservation, renewable energy, and resiliency measures in new construction, retrofits, and redevelopments. This financing is structured as a fixed-rate, long-term loan that can extend up to 30 years, and it is secured by a property assessment, offering a non-recourse financing option with no ongoing covenants. By utilizing C-PACE, property owners can lower their blended cost of capital, increase net operating income, and enhance overall property value while promoting sustainable building practices. The financing can fund up to 35% LTV in the capital stacks of value-add investments and new construction.

Covers 100% of hard and soft costs associated with eligible projects.

Offers fixed-rate financing with terms up to 30 years, aligning with program guidelines.

Provides non-recourse financing without ongoing covenants.

Can displace higher-cost mezzanine and equity capital.

Facilitates sustainable building design and reduces utility and maintenance expenses.

Allows recovery as an operating expense, improving cash flow.

Supports economic development and urban revitalization.

Petros PACE Finance primarily serves commercial property owners, developers, and real estate investment trusts (REITs) seeking to finance energy efficiency, water conservation, and renewable energy projects through C-PACE programs.