C-PACE Project Financing: A Case Study with Mosaic Development Partners
Name:
C-PACE Project Financing: A Case Study with Mosaic Development Partners
Date:
July 13, 2021
Time:
3:00 PM - 4:00 PM EDT
Registration:
Register Now
Event Description:
Join the Building Innovation Committee for a case study on how C-PACE financing was successfully used for Golaski Labs, a mixed-use development in Germantown, presented by Leslie Smallwood-Lewis of Mosaic Development Partners, Shelah Wallace of Greenworks Lending, Shelah Wallace of Greenworks Lending, and Lisa Shulock with the Philadelphia Energy Authority.Commercial Property-Assessed Clean Energy (C-PACE) is a financing structure that allows commercial property owners to obtain financing for eligible energy and water savings projects through private capital providers, and to repay the financing through a special assessment similar to a property tax assessment.
By exceeding the current code requirements for energy efficiency, water conservation, and/or installing solar or other renewable energy on-site, this innovative financing tool allows borrowers to save money on operating expenses, replace more expensive equity or mezzanine debt, and improve the overall performance of the building.C-PACE can be applied to recently completed projects and projects in the planning stages.
Learn more about this program and specifically how it was applied to a mixed-use property including multifamily residential.
Speakers:
Leslie Smallwood-Lewis, Founder & Co-Owner, Mosaic Development Partners
Lisa Shulock, Program Consultant, Philadelphia Energy Authority
Shelah Wallace, Greenworks Lending
Use the "Register Now" link above to sign up.
