PACE Loans in Santa Fe and the State of New Mexico

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PACE Equity Funds Local Developments

PACE Equity serves Santa Fe and the state of New Mexico with commercial real estate financing for new construction, redevelopment, 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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CIRRUS

Our award-winning funding program, CIRRUS Low Carbon, offers a lower cost of capital when you build a lower carbon building. We provide a design specification that outlines the low carbon goals. When you use the specification, you receive a lower interest rate – it’s that simple! Our requirements are straightforward and practical. We work with you and your design team to ensure you can meet the requirements at no cost or the lowest possible incremental costs. Lower rates for lower carbon.

CIRRUS Low Carbon Details

PACE Financing Expert

New Mexico Managing Director

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Schedule Time With Me

Frank Swain is our New Mexico Managing Director. With a background in political lobbying, Frank’s career has been dedicated to developing clean energy and energy efficiency solution. He brings this experience into commercial real estate where he ensures his clients get climate and pocket-friendly results. Reach out to him to schedule a meeting and discuss your next project.

Local PACE Programs

New Mexico’s C-PACE program launched in April 2024. Administered by Adelante Consulting, Bernalillo County and Albuquerque are active participants in the program. Eligible improvements in New Mexico must include at least one of the following criteria: decrease energy consumption, support clean/renewable energy, decrease water consumption, or increase resiliency. Retroactive refinancing is available for eligible improvements installed up to three years prior.

Relevant PACE Equity Case Studies for Santa Fe and the State of New Mexico

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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