The Pitch

About Petros

The Pitch

The C-PACE industry is helping commercial property owners reduce their energy and water consumption and make their buildings safer and more resilient. The industry has grown to over $1 billion in financings across 2,000+ properties— while reducing millions of tons of future CO2 emissions.

C-PACE is a large-scale commercial real estate financing opportunity. As C-PACE reaches its potential, clients will need financial advisors, accountants, attorneys, and brokers with expertise.  The C-PACE industry has needed a concentrated effort, founded on shared experiences and values.  We formed a network focused on C-PACE to complement the overall industry leadership of PACENation for these reasons:

  • Commercial PACE is distinct from residential PACE, with different customers, different types of financing structures, and a different business model.
  • Commercial buildings account for 20 percent the nation’s primary energy consumption. The sector is ripe for radical transformation – not just to reduce CO2 emissions and improve life-safety building conditions, but to help bolster the bottom line of commercial real estate and small business owners.
  • Specific, common standards in C-PACE origination, underwriting, closing, administration, and securitization are vital to ensuring a vibrant open market for C-PACE financing.
  • State laws and local C-PACE programs can face significant hurdles if they do not adopt best practices in statutory and program requirements, including cost-effective program administration.

We invite you to consider becoming a CPA member so we can deliver a broad, yet focused, coalition of industry stakeholders who share a common desire to address the challenges of climate change while generating local economic growth and jobs.  Your support dollars will be used only for the efficient execution of our mission.

Please feel free to contact Cliff Kellogg at ckellogg@c-pacealliance.com.

Print Friendly, PDF & Email