CRE C-PACE Finance Firm Partners with USGBC

Milwaukee-based PACE Equity, a leader in C-PACE financing for renovation, development, and recapitalization projects, has announced that its innovative CIRRUSTM
Low Carbon financing program is now partnering with the U.S. Green Building Council (USGBC), creators of LEED, the world’s most widely used certification program. The collaborative approach between PACE Equity and the USGBC will incentivize green building practices to advance the efficiency of America’s building stock, signifying a unified commitment to sustainable infrastructure.

CIRRUS Low Carbon C-PACE financing features a significant rate reduction, rewarding developers who commit to reductions in carbon impact. The new collaboration with the USGBC and others pairs the framework of the top green building certification programs with financial incentives, making sustainability-focused upgrades more financially beneficial for developers and building owners.

“This collaboration between PACE Equity and the nation’s leading green building certification programs marks a transformative step toward a lower-carbon future – where sustainability and smart financing go hand in hand,” said Beau Engman, president and founder of PACE Equity. Aligning CIRRUS with LEED will help bridge the gap between high-performance green building and green finance, providing owners not only access to financing but a framework with proven strategies to effectively pursue, measure and verify sustainable development projects,” said Sarah Zaleski, chief products officer, USGBC.

By pairing CIRRUS Low Carbon financing with these green building certification frameworks, PACE Equity ensures that energy efficiency and renewable energy upgrades deliver lower financing costs, improved operating income, and better overall project returns. PACE Equity’s CIRRUS program has access to cost-effective capital which is passed on to C-PACE projects originated by the firm.

PACE Equity continues to set the industry standard for innovation, using C-PACE as a strategic financing option for commercial real estate. Developers using LEED and other major green building certification guidelines have a powerful new way to deliver high-performance, climate-friendly buildings that align with both economic and environmental priorities.

For more information on CIRRUS Low Carbon financing and its integration with leading green building certifications, visit www.pace-equity.com.