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Blog post by Tricia Baker, Senior Vice President of Impact & Strategy, PACE Equity Developers hold the key to a lower carbon future. I recently worked for a few days in a living building – a building that results in net zero consumption – it doesn’t emit carbon and doesn’t use city water or sewer…

Banks have pulled back on their lending, leaving many developers facing a financing void. Sound familiar?   This financing gap reflects today’s reality of tighter lending and higher interest rates. The option of using Commercial Property Assessed Clean Energy (C-PACE) to solve this financing challenge is gaining popularity.   Historically, developers have seen PACE Equity as…

Alaska, New Jersey, New York City, New Mexico, Hawaii, Michigan – what do they have in common? Newly updated C-PACE legislation. They have either newly passed legislation allowing for C-PACE financing or have expanded existing programs. And they’re not alone. To date, 38 states plus Washington, D.C. have passed PACE legislation. Among them, 33 have…

THE SITUATION   State and local building codes are moving toward higher and higher efficiency requirements, fueled by the goal of reducing U.S. carbon emissions.  A key remaining challenge to advancing more quickly is the often higher construction costs associated with more efficient equipment and materials. Smart developers know that energy-efficient systems and green building designs…

Ground Source Heat Pump systems are the leading technology chosen by building owners and entities seeking to achieve LEED®, Green Globes, Living Building and Net-Zero Energy Certifications.

Can a simple building plaque move the needle in commercial real estate? Answer: yes. It’s true that some tenants may not realize what the plaque signifies. But more and more, tenants & visitors recognize that a green building plaque means they are entering a place with state-of-the-art technology and design that saves energy costs, reduces…

The Business of Developing Buildings