Ready to grow your bottom line and increase your building's net operating income?
XtraLight is a PACE partner that will assist you from project planning to securing financing all the way through installation. No upfront cost to you!
What is PACE?
PACE makes it possible for owners of commercial, industrial, multifamily, and nonprofit properties to obtain low-cost, long-term financing for energy efficiency, water conservation, renewable energy projects, and more. Watch the video below to see how it works!
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Benefits of PACE
Project Costs
100% of project costs, including soft costs such as development fees, can be financed through PACE.
Property-Based Financing
PACE is strictly property-based financing and requires no personal or corporate guarantees.
Shared Costs
The cost of PACE financing, and the benefits generated, can be shared with tenants.
Repayment Transfer
The obligation to repay the PACE financing automatically transfers to the new owner upon the sale of the property.
Finance Terms
PACE financing allows terms up to 20 years, which makes it possible to generate increased net operating income from projects with simple paybacks reaching almost 12 years.
Increase Resale Value
Energy upgrades to your building through PACE financing will increase the resale value of your property.
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