PACE loans are a great financing option for a wide range of industries. Whether you’re planning a new construction or an improvement project, you may be eligible for this innovative and low-cost financing. For example, PACE loans can benefit shopping malls in many different ways. Therefore, consider PACE funding for your upcoming projects. How Malls […]
PACE Loans for Financing COVID-19 Upgrades
As more and more businesses and public buildings are re-opening, building owners are working to mitigate risks of COVID-19 transmission. Upgrades are happening far and wide, but they can quickly become costly, leaving many building owners with the issue of having to choose between cash flow and doing everything they can to reduce the risk […]
How PACE Lenders Help Apartment Building Owners
PACE lenders can help multi-family property owners in many ways. PACE loans provide funding for qualified construction efforts and improvements such as building envelope, HVAC systems, and even elevators. Therefore, talk to your PACE lenders about your options and whether your project qualifies for PACE funding. PACE Lenders Focus on Low-Cost Loans PACE funding offers […]
Utility Costs Are Rising & PACE Funding Can Help
Overhead costs are a fact of life for your company. However, utility costs could be causing your overhead to be exceptionally high. Luckily, PACE funding offers you low-cost financing for improvements that can help save you in electricity costs. Learn more about why your utility costs are so high and how you can reduce them […]
How CPACE Financing Helps You Make Improvements
Businesses often have a list of improvements they mean to take care of, but don’t have capital available to make these improvements. Luckily, CPACE financing can help your company make these changes without negatively affecting your cash flow. While many people know that they can use CPACE financing for major renovations or new construction projects, businesses […]
Using PACE Funding to Finance New Multifamily Construction
As interest rates rise, many developers are looking for low-cost capital acquisition alternatives. This is where PACE funding can help with new multifamily construction projects. In the past, PACE loans were for energy efficient improvements on existing buildings. Now, you can use PACE funding for new construction projects that meet a few minimal guidelines. If […]
Using CPACE Financing for New Hotel Construction
CPACE financing offers a unique capital solution for new hotel construction. PACE funding was designed to help businesses improve and construct new buildings. Additionally, repayment for this financing option is usually spread out over years. If you are building a new hotel, you should consider PACE financing to assist with construction costs. CPACE Financing […]
How PACE Funding Differs from Mezzanine Financing
Since PACE funding is a relatively new financing option, you may wonder how it is different from mezzanine financing. They are similar in some ways, however there are some major differences between mezzanine financing and PACE funding. Because of this, it may make more sense to use one or the other to finance your project. […]
The Advantages to Using CPACE Financing
You may be wondering if CPACE financing is right for your company. It can be difficult to decide whether this financing solution is attainable or attractive for you. As you are weighing the options, keep in mind that there are many advantages to using PACE funding for your commercial construction or redevelopment projects. Easier Loan […]
Welcome to the New Stonehill PACE Blog!
Our company, Stonehill PACE, has recently launched a new website to showcase our PACE lending services. We provide direct PACE lending for hotels, multifamily living, senior living, student housing, retail stores, offices, industrial buildings, and self-storage facilities. Our focus on new construction and major redevelopment is unique in the PACE financing industry. Our team of […]