PACE Loans in Oklahoma City, Tulsa, and the State of Oklahoma

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PACE Equity Funds Local Developments

PACE Equity serves Oklahoma City and the state of Oklahoma with commercial real estate financing using Commercial Property Assessed Clean Energy (C-PACE) loans. The state of Oklahoma allows this financing option to encourage energy efficiency in the local building stock. The C-PACE financing can be used for new construction, redevelopment, renovation, refinancing, and renewable energy projects. Our firm provides C-PACE loans for up to 30% of the capital stack (or 100% for solar and other renewable energy projects). Since 2014, PACE Equity has funded well over 200 PACE projects with a focus on delivering improved return on equity for our clients.

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CIRRUS

PACE Equity also offers an innovative low carbon C-PACE financing option called CIRRUS Low Carbon which combines C-PACE financing with a green building designation. The program provides financial benefits, including a substantial rate reduction, for pursuing enhanced energy efficiency. This efficiency improves the carbon footprint of the building which makes it more appealing to your tenants. We even help you by coaching you through the design changes necessary to secure the lower rates.

CIRRUS Low Carbon Details

PACE Financing Expert

Oklahoma Managing Director

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Bert Belanger is our Oklahoma Managing Director. Last year, Bert closed the largest PACE loan to date in the State of Texas, a $40M PACE loan for the Hotel Swexan (by Harwood International in Uptown Dallas). With degrees in architecture and law, Bert has over 40 years experience in commercial development, property law and finance, including multifamily housing, infill urban land development and brokerage in OK, AR, KS, and TX. As the Managing Director for PACE Equity in Oklahoma, he helps provide funding for new commercial real estate developments and large-scale retrofits and rehabilitation projects. Reach out to him to schedule a meeting and discuss your next project.

Local PACE Programs

C-PACE in Oklahoma is inclusive of resiliency measures in addition to energy efficiency. These measures include fortifications against seismic, flood, fire, and wind damage. PACE Equity financing is administered in all counties by the Indian Nations Council of Governments (INCOG) save Oklahoma County, which is administered by the Oklahoma Industries Authority. Both authorities allow for retroactive refinancing up to 24/25 months after project completion. PACE Equity’s Building Optimization and Energy Engineering Teams handle the required energy audit and applications for every program. We will guide you through our end-to-end process expertly and without hassle.

Relevant PACE Equity Case Studies for Oklahoma City, Tulsa, and the State of Oklahoma

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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