TREND. Economic Development Meet Sustainability.

The property development transaction types: Commercial Property Assessed Clean Energy (C-PACE) transactions

An example:  Petros PACE Finance, LLC , an Austin Texas based finance group + Ross Group, a Tulsa, Oklahoma developer

What sustainability will be included in the economic development project? efficient heating, cooling, plumbing and lighting systems, along with building envelope improvement on historic property including the 1920s Tulsa Club

The economic benefits:

• alternative to mezzanine debt and equity
• lowers overall capital costs
• allows investment in higher efficiency building designs

Tulsa World | Austin, Texas, finance company backs two Tulsa hotels for energy-saving measures