Unique financing for mechanical, electrical, plumbing, seismic and other building components
New, valuable component of the real estate capital stack
Non-recourse capital for major improvements to commercial, multifamily and alternative nonresidential properties.
100% financing for vital building improvements
Finance up to 100% of hard and soft costs for both new construction and property acquisition or retrofit projects with easy repayment through property taxes.
Long-term capital to maximize property cash flow
With savings often exceeding payments, projects pay for themselves. For solar projects, customers can directly or indirectly take advantage of sizable tax benefits.
CleanFund works with commercial property owners, investors and channel partners from coast to coast
Private Lenders working with CleanFund
In this webinar, Larry Perry, VP of Loan Originations at Parkview Financial and Jon Spelke from CleanFund demonstrate how to utilize C-PACE along with a leading active senior construction lender, as well as how to enhance the energy efficiency and operational savings of your buildings to drive NOI improvement.
EKN Development Group
“Once CleanFund educated us on C-PACE, it was just a matter of selecting our first project. We view C-PACE as a valuable financing tool that complements our other sources of capital,” said Jason Bass, Director of Finance at EKN Development Group, the lead member of the project joint venture. Newport Beach, CA-based EKN has over 1,500 hotel rooms currently under development including properties in Minnesota, San Francisco, Monterey and Italy.
San Rafael-based Seagate Properties partners with CleanFund for upgrades to two of their Marin office buildings. Seagate’s portfolio currently includes 2,500 apartments in the Denver area and about 2 million square feet of commercial, office, retail and industrial space in the San Francisco Bay and Sacramento areas.
CleanFund and GreenFinanceSF, San Francisco’s PACE program, joined with vendor Johnson Controls, a provider of building energy efficiency projects and services, and Prologis, an owner and operator of industrial real estate, in a project to upgrade the buildings lighting system, add PV and improve energy efficiency.
Cypress Properties Group
Chris Robbins, Managing Director at CleanFund shows how the company financed $1.8 million of energy efficiency upgrades at 644 Broadway on the edge of San Francisco’s historic Chinatown, as part of a complete redevelopment of a four story mixed-use building owned by Bay Area based Cypress Properties Group.
Partnering with CleanFund allowed Borrego Solar to offer the most attractive financing option for their client Pacific Ethanol. Offering the highest NPV, the long term length of CleanFund's SolarPACE product delivered the strongest near-term cash flow when compared to leases, PPAs, or cash purchase.
As a smart building performance platform, PlanIT Impact helps AEC industry professionals scope projects through an integrated analysis of both technical components and cost-savings. The project costs fit perfectly into CleanFund's quoting and financing platform to drive even more economic value in the project.
Our financing solutions unlock significant value for your commercial real estate
Long-term, fixed-rate, non-recourse financing for energy efficiency, water conservation & resiliency projects for both new construction & building upgrades
Solar financing designed with features and flexibility to meet the demands of commercial property owners. Immediate positive cash flow with 30 year terms
Latest News & Events
CleanFund Announces Capital Commitment from Starwood Sustainable Credit and Names New CEO
PRESS RELEASE: CleanFund announces new leadership and major capital partnerships to drive continued acceleration of its C-PACE financing originations platform.
The Garland Gets $7.8M Financing
LA Business Journal: “One of the unique aspects of this capital is it can be used for projects that benefit the public good.” Chris Robbins of CleanFund
CleanFund Provides $7.8 Million to Upgrade the Historic Garland
The Registry: "The CleanFund C-PACE financing is a superb complement to our capital stack, taking care of key energy, water and infrastructure components," said Houman Sarshar, Principal at 740 South Broadway Associates
Green Financing’s Growth and Growing Pains
Multi-Housing News: Fannie Mae, Freddie Mac and PACE financing continue to lead the charge, with an increasing number of states expected to launch government-backed guaranteed mortgages.
SFIG Vegas: Commercial PACE providers eyeing larger projects
ASR: Sponsors of larger commercial developments are starting to see all kinds of advantages to PACE, which creates a lien on a property that is senior to a first mortgage and is repaid alongside property taxes.
PACE of Change
Commercial Property Executive: Yaki observed “the basic economic message of PACE” is its greater strength in more conservative legislatures. PACE saves businesses money and boosts their bottom lines.
The Role of C-PACE Financing in Opportunity Zones
Connect Media: Combining the Opportunity Zone financing with that of C-Pace combines capital for sustainability with urban renewal, leading to a win-win scenario.
C-PACE provider steps up efforts to win over mortgage lenders
ASR: CleanFund is looking at a new way of getting banks and other lenders comfortable with PACE for commercial buildings
The Launch of CleanFund’s Debt Capital Markets Division
The Registry: CleanFund Launches Debt Capital Markets Division to Create New Lending Opportunities for Banks and Other Mortgage Lenders.
Help Clients Soar With C-PACE
Scotsman Guide: C-PACE offers the kind of flexibility and lower costs of capital that can move the needle on certain projects.
Downtown hotel project locks down $2.5 million in ‘green’ financing
Post Bulletin: Developers are using novel financing to lock down $2.5 million in funding for a $20 million Rochester hotel renovation project.
CleanFund Closes the First Ever 144A Securitization of C-PACE Assets
PRESS RELEASE: Backed by $115 million of C-PACE assessments on 82 properties in six states.
Hotel Indigo Kansas City More Energy Efficient Thanks to C-PACE Financing
Green Lodging News: CleanFund provided $2.4 million in 20-year financing for the historic structure.
CleanFund provides $4.2M in funding for California Home2 Suites
Hotel Management Magazine: CleanFund's $4.2 million C-PACE funding for a 94-room hotel, which began construction in September in Tracy, Calif.
Get Started with a CleanQuote
CleanQuote gives our partners access to immediate pricing with only a few pieces of project level information. With CleanQuote, you can easily share quotes with clients or other partners, invite a property owner to complete online financing application, and track the status of your projects.