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Structured Finance Commercial PACE Capital
Lender: Structured Finance Commercial PACE Capital
Website: www.strucfinance.com
Phone: (760) 304-4371
Product Description
Structured Finance Commercial PACE Capital offers commercial property owners in participating communities financing for energy efficiency, renewable energy and water efficiency improvements that are permanently fixed to the property. Financing is repaid annually via the property tax bill over the course of 5-25 years. Structured Finance Commercial PACE Capital is a public/private financing program with CA Statewide Communities Development Authority (CSCDA), Structured Finance Associates and your city or county.
Miscellaneous Information
Properties eligible for financing include existing, to be renovated and to be built hotels, multifamily (5 + units), owner/user, industrial, R&D, office and retail. In addition, we have an interest in properties owned by not for profit entities including religious facilities, schools, hospitals and universities.
Verified by Lender on: 6/27/2017
The data provided is for informational purposes only. For actual loan terms specific to borrowers, contact the lender directly.
Property Types
Sponsor:
CA Statewide Communities Development Authority (CSCDA)
Financing Type
PACE
Financing & Payment Information
Rate (APR):
5.4% - 6.25%
Term (years):
5 - 25 years
Minimum Amount:
$500,000
Maximum Amount:
25 % of property value
Fees:
One-time fees, Ongoing fees
Down Pmt. Required:
No
Re-pmt. Method:
Property Taxes (PACE)
Pmt Frequency:
Annual
Pre-pmt Penalty:
Yes
Allowable Projects
Funds Energy Efficiency projects
Funds Water Efficiency projects
Funds Renewable Energy projects
Funds Demand Response projects
Funds other energy projects
Electric vehicle charging stations, energy storage and process equipment.
Funds other energy-related projects
Financing covers all soft and hard costs associated with the project as well as all financing costs.
Funds other non-energy projects
Seismic improvements may be financed. Financing includes all soft and hard costs associated with a seismic upgrade.
Other Program Requirements
Financing Approval Time
More than 48 hours
Equity in Property Needed
Yes

Other Variations of this product

Structured Finance Commercial PACE Capital

Property Types
Sponsor California Municipal Finance Authority (CMFA)
Financing Type Property Assessment
Term (years) 5,  6 - 10 year(s),  11 - 15 year(s),  16 - 20 year(s),  21 - 25 year(s) year(s)
Rate (APR) 5.4% - 6.25%
Min. Amount $500,000
Max. Amount 25 % of property value
One-time Fees 2 % - 3.75 %
Ongoing Fees $100
Description Structured Finance Commercial PACE Capital offers commercial property owners in participating communities financing for energy efficiency, renewable energy and water efficiency improvements that are permanently fixed to the property. Financing is repaid annually via the property tax bill over the course of 5-25 years. Structured Finance Commercial PACE Capital is a public/private financing program with California Municipal Finance Authority (CMFA), Structured Finance Associates and your city or county.

Other Products By This Lender

Lender: Structured Finance Associates

Contact Email:
Contact Phone: (760) 304-4371