Entries by PACE Sage Capital

First PACE Financing in Nebraska Closes in June 2018

PACE Sage Capital announces the first PACE financing in Nebraska that closed in June 2018. $3.4 Million of PACE funds are being contributed to the conversion of a 105-year old iconic office building to the “Hotel Peregrine” by Curio boutique hotel, which is projected to be completed in the spring of 2019. “We were intimately […]

Happy New Year from PACE Sage Capital!

Post written by Chris Peterson | Managing Partner, Nebraska We wish you and yours a happy and Prosperous 2018! As the New Year kiCks-off, wE look forward to cloSing on the first PACE loans in Nebraska, and as the New Year beGins, Expanding our “boots-on-the-ground” presenCe in new mArkets. Soon we’ll share some news about exciting company developments […]

Isaac’s Dream: A Lesson in Dreaming Bigger

Post written by Joe Neuerburg, Managing Director, Missouri and Kansas In the summer of 2016, my wife Robyn went on a medical mission trip to Ghana, Africa. Her team treated over 500 people in three days. A member of the group in Ghana that assisted the medical team was a young man named Isaac. Isaac […]

Nebraska’s Law is a PACE Setter

Post written by Chris Peterson | Managing Partner, Nebraska Not every “Property-Assessed Clean Energy” (PACE) law is created equal. Since the nation’s first PACE law was enacted in California about ten years ago, more than thirty states have adopted their own PACE Acts. Some are written broadly while others are narrowly constructed – all are […]

Common Misconceptions about PACE Funding

By Steven Turner MD, MBA, Financial Analyst Recently, a real estate agent compared a Property Assessed Clean Energy (PACE) financing to a traditional construction loan or mortgage and noted that the PACE financing had higher fees and interest rates than that of a customary lender. This is a common misconception due to the fact that […]

Lender Consent – Why Do Lenders Say YES to PACE?

Post written by Rob Shear, CEO of PACE Sage Capital, LLC In every Commercial PACE transaction, existing lienholders are asked to provide Acknowledgment and Consent to the PACE financing. In the vast majority of PACE enabled States, the state law requires the consent. As a practical matter for PACE financing companies, it’s prudent business practice […]

PACE Sage Capital Adds Depth to its Team Bench

This past week, we added some real depth to our Team “bench”. Two new Managing Directors for Business Development and Loan Originations and a Manager of Operations joined the PACE Sage Capital Team. Joe Neuerburg (JQN Companies) is the Company’s Managing Director for Missouri and Kansas (excluding St. Louis). Joe will be the “holistic” loan […]