Synergy Pace Commercial – Synergy Lenders

What is Synergy Pace Commercial?

A great fit for your project

Property Assessed Clean Energy (PACE) is a legislated public/private partnership which creates a new financing option for your capital stack. Your construction budget can use our private capital funding for costs which impact energy & water spend, renewable improvements or seismic strengthening (select states). The repayment of our capital is made through a long-term special tax assessment on the property.

SYNERGY-PACE designates the Commercial version of PACE. Synergy Pace Equity exclusively funds commercial real estate projects.

Can I use Synergy Pace Commercial and get green building verification?

Yes! Synergy Pace Commercial now offers a low carbon option called Low Carbon financing which combines SYNERGY-PACE financing with a low carbon verification by a third party. The program provides financial benefits, including a reduced rate, for pursuing enhanced energy efficiency. We add in a building plaque and marketing toolkit so your low carbon building gets the promotion it deserves. We’ll build a business case to show you how the financial benefits compare to any incremental design costs.

Which Improvements are Eligible to Calculate Available Funding?

HVAC equipment & controls

Indoor air quality

Seismic & resiliency

Indoor & outdoor lighting

Elevator / escalator

Solar PV

Windows

Insulation & envelope

Plumbing

Roofing

Battery Backup Systems

Hydrogen Systems

Thermal

Keep in mind that this is not an exhaustive list; every state has unique options for eligibility. Some states have special “Savings to Investment Ratio” requirements. In all cases, states and municipalities want to encourage sustainable building practices. SYNERGY-PACE financing provides a win for developers/owners AND for communities.