Sample Terms

CityScape Capital Group, LLC (CCG) has partnered with approved PACE lenders and is dedicated to providing long-term, fixed rate financing for 100% of the upfront costs of energy efficiency, solar energy and water conservation improvements to commercial properties. Below is a summary of CCG's PACE lending terms and criteria.

PACE Financing Size

$500,000 - $10,000,000

Term

10 - 20 Years

Rate

20-Yr Treas. + 390-420 BPS Fixed at Closing

Payment Schedule

Fully Amortized over Loan Term

Financing Fee

1% - 3%

Max Loan Size

25% of As-Complete FMV of Property

Max Leverage (including PACE)

95% of As-Complete FMV of Property

Recourse

Non-Recourse after Construction Completion

Security

Special Assessment on the Property

Mortgage Lender Consent

Required

Uses

New Construction, Retrofits, Rehabs

Geography

Active PACE Jurisdictions

Property Types

Commercial, Multi-Family, Industrial, Hospitality

CCG provides creative capital solutions for real estate and operating businesses. Please note that the terms provided herein shall not be deemed to create any legally binding or enforceable obligation on the part of CCG to provide any type of financing for any particular project. All loan terms are subject to CCG's underwriting standards and will be memorialized in a term sheet signed by CCG and a project borrower.