Ep.4 - PACE Financing (Chris Robbins - GreenRock)
Recap with Brandon Roth
00:00
Exploring the Benefits and Implications of PACE Financing in Real Estate
This chapter delves into the primary benefits of Property Assessed Clean Energy (PACE) for real estate investors, including the unique structure of PACE financing as a property assessment. It discusses the implications of PACE during property sale, misconceptions about its seniority in mortgage payments, and how senior lenders perceive PACE. Additionally, the chapter explores the differences between ground lease financing and PACE financing, common scenarios of PACE use in real estate, criteria for PACE eligibility, and detailed insights on pricing dynamics in the market.
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