C-PACE For Senior Housing
Sustainable Financing Solutions for Owners and Developers
Among the first to use C-PACE, senior living and nursing home owners have been taking advantage of its low-cost, fixed-rate, non-recourse financing to replace more expensive forms of funding for new construction, code compliance measures, or deferred maintenance upgrades
Related Transactions Highlight Advantages of C-PACE for Senior Housing Operators and Developers
Reducing Development Risks
Leesburg Florida
$6.5 Million for development of 130-unit Assisted Living Faclity during COVID with deferred start of repayment until stabilized
Lowering Equity Requirements
Houston Texas
Seeking to add 200 units to portfolio with slow lease-up at recently delivered facility, sponsor proceeds with this project through $2.8 Million C-PACE reducing equity contribution
No CAPEX for Code Compliance
Miami, Florida
$3.7 Million for installation of emergency standby generator at 8 story 211,746 sq. ft. Skilled Nursing Facility with HVAC upgrades to reduce energy load
Providing Capital during Stabilization
Littleton, Colorado
$2.9 Million to refinance after completion of 83-unit (13 MC | 70 ALF) Assisted Living Facility recaptured equity to add value to investors and support returns during stabilization
Eliminate Rate and Term Risk
Cape Coral, FL
$3.9 Million fixed rate C-PACE structured co-terminous with construction to perm loan reduces development and take-out risks for development of 130-unit, 28 bed memory care and 112 bed Assisted Living Facility
Finding Low-Cost Capital for Upgrades
Inverness, Florida
Skilled Nursing Facility owner utilized $1.7 Million with minimal impact to cash flows for deferred maintenance and facility upgrades while installing standby generator for HVAC systems
ADVANCING ECONOMIC BENEFITS AT THE INTERSECTION OF REAL ESTATE AND ENERGY
At Counterpointe Sustainable Real Estate, we believe that sustainable development is not just a trend, but a necessity for the future of senior housing. Our innovative financing solutions empower property owners to embrace eco-friendly practices while enhancing the performance of their buildings. With our expertise in C-PACE financing, we help you navigate the complexities of funding for energy-efficient projects that not only meet today’s standards but also pave the way for a greener tomorrow. Join us in transforming the landscape of real estate by investing in sustainability and reaping the benefits of reduced operational costs and protected collateral value.
NEW CONSTRUCTION REDUCE COST OF CAPITAL
Draw upon a cost effective substitute to equity or high cost debt to reduce development costs with flexible prepayment terms and fees included in non-recourse financing to hit targeted returns
MODERNIZE FACILITY
Attract new residents with sustainable features and protect occupants with standby generators and safer elevators
REDUCE OPEX
Longer term length smooths the impact to cash flows with first year payback through reduced utility costs or insurance premiums
NO UPFRONT COSTS, NO BALLOON PAYMENTS
100% financing of projects with ability to defer the start of repayment for years until property produces revenues and utility savings accrue