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Real Property Section Commercial Real Estate Discussion Group

Description

Topic: PACE Forward:  Elevating Commercial Properties into a Sustainable Tomorrow

Commercial PACE is a voluntary, sustainable financing option that is created by state statute and governed by local ordinances across the country. C-PACE financings provide property owners with long-term, low-cost funding for a variety of “green” building projects related to energy and water efficiency, renewable energy, resiliency measures, storm water management, and more. C-PACE deals are mostly funded by private capital providers, though some states offer government financing as well. Local governments generally levy, assess, collect, and enforce C-PACE liens in the same manner as real estate taxes, and property owners repay C-PACE financings at the same time and in the same manner as real estate taxes are paid. This program will:                  

  • Explain how C-PACE funding works – e.g., funding options (government or privately financed) and availability (states with enabling legislation and active programs).    
  • Identify and discuss differences among state programs and resulting advantages and disadvantages for particular types of projects.  
  • Identify current program trends, including Maryland PACE market synopsis. 
  • Provide practical practice tips on incorporating C-PACE financing into the efficiency-related components of your clients’ property development and renovation projects.   

Speaker:
Carrie O’Malley, Esq.
Hirschler Law

 

Price:
$0 Real Property Section Members  (price will be reflected in your cart)
$5  Non-Section Members
$10 Non-MSBA Members

 

RECORDING PERMISSIONS 
Recording of this program and use of recording software is NOT Permitted.

 

Event Information
When
Dec 12, 2023
12:00 pm - 1:00 pm EST
Location
Online
Format
Webinar

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Real Property Section Commercial Real Estate Discussion Group