PACE Loans in Santa Fe and the State of New Mexico

New Mexico Managing Director

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.

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.

PACE Financing Expert

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.

Skyline of Santa Fe, New Mexico

Local PACE Programs

The C-PACE programs in Santa Fe and the state of New Mexico are still in development. Legislation has been passed in the state to authorize the formation of local PACE authorities, yet the actual programs are not fully formed. PACE Equity’s team of experts is experienced in working with developers and local governments to enable C-PACE funding for your projects. Contact your market leader to discuss further.

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.