From Los Angeles and San Francisco to Chicago, New York, Miami and almost every PACE-enabled state in between, CounterpointeSRE has directly supported clean and energy-efficient building infrastructure with our investment capital.
Multistate healthcare organization worked with their energy services provider and CSRE to identify more than 70 PACE eligible projects that would help reduce energy and water use, conform with new regulations and code, and replace aging equipment and facilities without increasing CapEx. Total funding exceeds $96 million.
A developer was able to deploy $13.7 million in PACE financing during mid-construction, with much of the assessment attributed to completed structural work related to seismic resiliency.
A $4.5 million industrial solar project includes 7200 solar panels that provide onsite power for an industrial client's nearly 280-acre facility, yielding more than 3.8 MWh of annual energy production.
New Construction Multifamily
The developer of this multifamily (227 unit) in Edina, Minnesota, took advantage of $5.5 million in PACE financing for energy efficiency measures including building envelope, LED lighting, high-efficiency HVAC, low flow fixtures and high-efficiency DHW.
Urban Green Roof
CounterpointeSRE’s financing of this project marked the first use of commercial PACE for a green roof in Michigan. The $1.02 million in capital provided combined with water and sewerage incentives to yield a positive cash flow.
Retail Portfolio Retrofit
Washington Prime Group, a national REIT with significant retail holdings tapped PACE financing to improve a number of its Florida locations with a mix of energy efficiency solutions.
The developer of a multifamily (120 unit) and mixed-use property (ground floor retail) in the Koreatown neighborhood of Los Angeles California utilized $14.5 million in commercial PACE financing to bolster its capital stack during development.
Complement to Tax Credits
$4.6 million C-PACE funding in support of energy-efficient build out of a former factory into a multitenant commercial kitchen in Northwest Chicago. The capital stack included NMTC investors focussed on economic development in underserved communities.
Near Net-Zero Retrofit
A high occupancy office building invested in energy efficiency, renewables and sophisticated building management tools to arrive at near-net zero with positive cash flow.
“PACE financing from CSRE helps us meet our commitment to achieve net-zero by 2040.”
Jim Mullin, Chief Sustainability Officer, JBS USA