PACE Loans in the State of Tennessee

Skyline of Nashville, Tennessee

PACE Equity Funds Local Developments

PACE Equity serves Nashville and the state of Tennessee 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.

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.

PACE Financing Expert

Nashville Managing Director

Bailey Robinson IV is our Tennessee Managing Director. Bailey has over 10 years experience in the real estate world. He is a multi-faceted professional with a strong background in real estate, construction, and finance. With a keen eye for property development and investment opportunities, Bailey has successfully navigated the complex world of real estate and construction. Reach out to him to schedule a meeting and discuss your next project.

Local PACE Programs

The Tennessee C-PACE program, known locally as CPACER, is administered by TENNESSEE PACE. The “R” in CPACER stands for “resiliency” – meaning that Tennessee includes resiliency measures among its PACE-eligible improvements. Resiliency measures include water resilience, flood mitigation, storm retrofits, and wind resistance measures among others. PACE Equity financings is available for new construction, redevelopments, and retroactive refinancing up to 2 years from the time of 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 the State of Tennessee

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.