green pace financial, inc.
A Capital Markets Advisory Firm Specializing in Complete Capital Stack Solutions
A Boutique Capital Markets Advisory Firm Specializing in Complete Capital Stack Solutions for Mid-to-Large Scale Commercial Real Estate Development Projects Nationwide.
Green Pace Financial, Inc.
“To become Commercial Real Estate’s most reliable and trusted source for Development Financing & Advisory Services.”
Our company Mission Statement has become our reputation over 30 years of delivering exceptional results and experiences for hundreds of Developer Clients, Lender Partners, Brokers, and Investors alike.
Through a collaborative network of Debt Funds, Private-Equity and Institutional Partners; Green Pace Financial, Inc. delivers Developer Clients with the most competitive and executable financing solutions available in today’s Capital Markets.
We deliver these results by utilizing an institutional approach to diligence and an entrepreneurial tenacity to problem-solving.
Green Pace Financial, Inc. is the ideal solution for Seasoned Commercial Real Estate Developers seeking low-cost capital with an experienced Advisory Team who can underwrite complex projects and execute financing solutions where most traditional lenders and banks fail.
What is C-PACE?
C-PACE (Commercial Property Assessed Clean Energy) is a state policy-enabled financing mechanism that funds 100% of all hard & soft costs associated with any energy efficiency, renewable energy, and resiliency improvements performed on a Commercial Real Estate Property.
Property Owners and Developers utilize C-PACE as a low-cost non-recourse substitute for high-interest mezzanine and preferred-equity which can substantially boost NOI, increase leverage, and minimize overall financing cost and risk-profile.
C-PACE qualifies New Construction, Under Construction, and Recently Completed Projects Nationwide.
C-PACE (Commercial Property Assessed Clean Energy) is a state policy-enabled financing mechanism that funds 100% of all hard & soft costs associated with any energy efficiency, renewable energy, and resiliency improvements performed on a Commercial Real Estate Property.
Property Owners and Developers utilize C-PACE as a low-cost non-recourse substitute for high-interest mezzanine and preferred-equity which can substantially boost NOI, increase leverage, and minimize overall financing cost and risk-profile.
C-PACE qualifies New Construction, Under Construction, and Recently Completed Projects Nationwide.
- Off Balance-Sheet Assessment Agreement
- Fixed-Rate & Fully Amortized up to 30 Years
- Minimal Prepay On Agency Take-Out
- No Acceleration or Foreclosure Rights
- Billed Bi-Annually with Property Taxes
- Non-Recourse for Lifetime of Financing
Landscaping
water efficiency
solar
Lighting
AC & Heating
Window & Insulation
Roofing
Senior+C-PACE™
- High-Leverage
- Low-Interest
- Non-Recourse
Our first to market, Senior+C-PACE™ program combines PACE financing with a PACE-Approved Senior Construction Lender to achieve the most competitive and executable capital stack solution available in today’s market.
Through an established network of Senior Construction Lenders comprised of Debt Funds, Private-Equity, and Institutional Groups; Green Pace Financial, Inc. strategically arranges a wide array of low-interest, high-leverage, and non-recourse financing options for development projects ranging from $20MM up to
$1 Billion in total project costs.
Our Senior+C-PACE™ program removes all the obstacles Developers often
face when trying to obtain C-PACE financing for their development
projects. Green Pace Financial, Inc. qualifies and underwrites both C-PACE and Senior Construction Financing in-house in order to achieve and deliver the full construction requirement.
Green Pace Financial, Inc. has successfully executed over 30+ C-PACE transactions.
Our first to market, Senior+C-PACE™ program combines PACE financing with a PACE-Approved Senior Construction Lender to achieve the most competitive and executable capital stack solution available in today’s market.
Through an established network of Senior Construction Lenders comprised of Debt Funds, Private-Equity, and Institutional Groups; Green Pace Financial, Inc. strategically arranges a wide array of low-interest, high-leverage, and non-recourse financing options for development projects ranging from $20MM up to
$1 Billion in total project costs.
Our Senior+C-PACE™ program removes all the obstacles Developers often
face when trying to obtain C-PACE financing for their development
projects. Green Pace Financial, Inc. qualifies and underwrites both C-PACE and Senior Construction Financing in-house in order to achieve and deliver the full construction requirement.
Green Pace Financial, Inc. has successfully executed over 30+ C-PACE transactions.
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
Project Submission
project documents for submittal
- Offering memorandum / Executive Summary
- Developer & Sponsor Resume
- Internal Proforma
- Sources & Uses
- Construction Budget Break-Out
- Appraisal & Marketing Reports
Preliminary analysis & underwriting
- Internal Due-Dligence and Analysis
- Financing Proposal Meeting with Borrower & GPF, INC.
- Deliver Preliminary Term-Sheet
- Negotiation / Q&A Rounds
- Borrower Review & Approval
official term-sheet & enagement letter
- Official Term-Sheet & LOI 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
