Simon Property Group Arranges a “One-Off” PACE Project in Ohio

In “Southern Park Mall to get $4M for energy efficiency,” Vindy.com reports that The Western Reserve Port Authority has authorized its executive director to finalize terms of a project that will help Southern Park Mall acquire up to $4 million for Read More …

Florida County Moves Forward with Commercial PACE

Recent news regarding PACE shows up a wide divergence of local views regarding such issues as “open-market” vs. exclusive-provider approaches, the inclusion of residential properties, and so on. Here’s one recent example: November 5, 2013: Pinellas County moves forward on PACE Read More …

Current Status of PACE in New Jersey

The NJPACE program is set to launch in the first quarter of 2014. Interested property owners, energy services contractors, lenders, and municipalities should contact us now to take advantage of this game-changing new method of project finance. Here are current Read More …

New Developments in PACE Across the Country

Here are some of the latest news items about PACE around the country (newest to oldest): October 18, 2013: Fayetteville to Become Arkansas’s First Energy Improvement District FAYETTEVILLE, AR (News release) – The Fayetteville City Council unanimously enacted an ordinance Read More …

PACE Financing – Energy Efficiency Comes to Triple-Net Tenants

A recent piece by Jon Guerster of Groom Energy (Salem, MA), reprinted in Greentech Media, reports on the rapid uptake of the C-PACE program in Connecticut, and addresses the “The owner-tenant split incentive problem” head-on. Guerster writes: This week I Read More …

Sacramento Office Park Largest PACE Project to Date

From Energy Manager Today, July 31, 2013 by Linda Hardesty: Sacramento Office Park Retrofits with PACE Financing, Reduces Energy 27% Clean Energy Sacramento launched the largest Property Assessed Clean Energy (PACE) project in the country, according to the Environmental Defense Fund. Sacramento’s Metro Center Read More …

First U.S. Property Assessed Clean Energy (PACE) Financing For Affordable Multifamily Housing

WASHINGTON, June 27, 2013 /PRNewswire/ — Urban Atlantic announced today that its affiliate company Urban Energy Advisors, the Program Manager for the Washington, DC PACE Commercial Program, has completed the Property Assessed Clean Energy (PACE) financing for an affordable 139-unit multifamily building in the District of Columbia. Read More …

Stories of PACE Successes Across the Country

Stories of successful PACE projects are appearing in many communities across the U.S. In Minnesota, the latest is an account of the experience of  Rick Murphy, the owner of Grandview Tire and Auto in Edina, who in cooperation with local Read More …

Lenders Support Commercial PACE

PACENow has released the results of a Lender Support Study conducted in 2012, which surveyed national, regional and local mortgage lenders whose interests in buildings could be affected by PACE financings. PACE programs in Washington, D.C., Los Angeles, and San Francisco Read More …

“Shared Services” Program Overcomes Hurdles to PACE

Lean and Green Michigan, a public-private partnership assembled by Andrew Levin (son of U.S. Representative Sander Levin, and former director of the Michigan Department of Labor and Economic Growth), has signed up Ingham County and the Detroit suburb of Southfield Read More …