C-PACE for New Construction & Gut Rehab

Increase return on equity by decreasing cost of capital.

“Nuveen Green Capital’s C-PACE financing reduced the required equity, increased return on equity, and decreased overall cost of capital."

— Michael Tomko, President, The Tomko Company

Reduces Cost of Capital

C-PACE financing significantly reduces the cost of capital and is 50% less expensive than mezzanine debt.

Fills Equity Gaps

C-PACE financing fills equity gaps in development capital stacks.

Decreases Weighted Average Cost of Capital

C-PACE financing increases ROE, bridges equity gap, and preserves equity.
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Fixed rate construction through term

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Cannot be accelerated (called due)

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Tax assessment structure may allow pass-through on NNN leases, room surcharges

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Obligation may transfer on sale or be prepaid

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Non-recourse

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Works well with new market and historic tax credits

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Does not work with government ownership, government ground lease, existing CMBS or SBA loans

Why Use Nuveen Green Capital?

Nuveen Green Capital is the leading provider of C-PACE financing in the country. Our founders launched and led the first successful C-PACE program and have brought their expertise to Nuveen Green Capital. Our dedicated team offers a transparent, rapid approval process. We are ready to assist you with all aspects of a C-PACE financed project.

Let’s get started today!

C-PACE is a Powerful Tool for New Developments and Rehabs

NEW CONSTRUCTION & GUT REHAB CASE STUDIES

The dedicated Nuveen Green Capital project team is ready to assist with all aspects of a C-PACE financed project.

Email aaron.kraus@nuveen.com for details.

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