Turnkey Commercial PACE Financing Solution
Stonehill PACE, a division of Stonehill, is a direct lender for PACE financing. We specialize in providing PACE funding for all commercial asset classes. Our depth of experience in sourcing, underwriting and closing real estate transactions is unparalleled in the PACE industry. The team at Stonehill PACE will provide you with a professionally managed, efficient execution.
The Stonehill approach to PACE financing is unique in our focus on new construction and major redevelopment, as well as our ability to deliver a complete debt financing solution.
- Complete Debt Stack – We are able to provide both senior construction and PACE loans for specific assets. We will also work with your existing construction lender or bring one of our PACE-friendly construction lenders to the deal. The Stonehill team is committed to finding a comprehensive financing solution.
- Certainty of Execution – Stonehill and affiliates have closed over $3 billion in real estate transactions since 2008. Our team has the experience to provide creative solutions, as well as flexible and timely execution. As a direct PACE lender, we underwrite and approve all transactions internally.
- Focus on New Construction / Major Retrofits – Stonehill PACE works with developers and property owners to address the complexities associated with new construction projects and major building retrofits. Our engineers will maximize your PACE proceeds without changing scope or adding costs. Through our approach, we can simplify the PACE draw process, minimize the borrowers interest carry cost, and work with all other participants in the capital stack to maximize returns for the borrower. In certain circumstance, Stonehill PACE can provide retroactive financing for completed projects to recapitalize the sponsorship.
- PACE Expertise – Our team of professionals provides unmatched experience in all areas of PACE financing. We bring an in-depth knowledge of each state’s PACE legislation and PACE programs. Through a long track record of excellence in execution, we have built strong relationships with the PACE program administrators. You can be assured that Stonehill PACE will professionally and seamlessly handle all aspects of the PACE qualification process.