PACE Loans in Boston and the State of Massachusetts

Massachusetts Managing Director

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PACE Equity Funds Local Developments

PACE Equity serves Boston and the state of Massachusetts with commercial real estate financing for redevelopment, new construction, renovation, refinancing, and renewable energy projects. Our firm provides gap financing for up to 30% of the capital stack (or 100% for renewable energy projects). Since 2014, PACE Equity has funded well over 200 Property Assessed Clean Energy (PACE) projects as an innovation leader, always focused on improving client returns. We use PACE financing which is low-cost, long-term, and non-recourse.

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We also offer a unique program called CIRRUS Low Carbon which provides a significant rate reduction when you meet a low carbon design specification. The program uses PACE financing, with all of the features that make it a smart capital option yet incentivizes a slightly more efficient design with improved financial returns. Design your building to meet the specification, receive the lower rate, and receive a great promotional package to position your building as a low carbon property.

CIRRUS Low Carbon Details

PACE Financing Expert

Stephen Arrivello is our New Jersey Managing Director. Stephen has more than 20 years of real estate experience including finance, development and brokerage with a specialty on acquisition and assemblages of property. He is also the Executive Director of the Community Preservation Alliance. Reach out to him to schedule a meeting and discuss your next project.

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Local PACE Programs

The C-PACE program in Massachusetts, known as PACE Massachusetts, is administered by MassDevelopment. PACE Equity financing is available in Massachusetts for New Constructions, redevelopments, and retrofits. Project terms are as long as the useful life of the longest-lived measure, with a maximum of 20 years. PACE Equity’s team of experts is experienced in navigating projects through developing C-PACE programs. Reach out to your managing director to discuss.

Relevant PACE Equity Case Studies for Boston and the State of Massachusetts

Here are some recent case studies of projects you might find interesting. We’ve got more project stories that show the many ways we’ve helped deliver PACE financing.

Questions? Interest? Ready for more? Let’s connect.

Here is where we can fund projects today

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