Whether Acquisition, Development or Retrofit, Centaur’s dedicated finance team has the knowledge and
resources to help match your building efficiency solution to the best financing alternatives.
PACE Finance Opportunities
Whether considering new or existing financing alternatives, Commercial PACE can be a complimentary option providing up to 100%, non-recourse, financing for eligible improvements. PACE was established approximately 10 years ago to support energy, water and resiliency improvements and is now eligible across 16+ states and has been approved by over 170 lenders to date. Centaur has established formal relationships with existing PACE lenders and can facilitate both the CPACE financing as well as approval from existing or new Primary Lenders.
Green Financing Incentives
Fannie Mae Green Rewards®
Ideal for property owners investing in energy- and water-cost reducing property improvements at their existing multifamily properties. A Green Rewards loan offers better pricing, up to 5% additional loan proceeds based on 75% of owner’s projected cost savings, and 100% Fannie Mae paid ASHRAE Level 2 Energy Audit, subject to loan closing under Green Rewards.
Freddie Mac Multifamily Green Advantage®
When you commit to reducing energy/water consumption by at least 30%, you may get better pricing, up to 75% funding to make these enhancements.
New and Existing Finance
Many Lenders are familiar and supportive of investing to improve property efficiency, resiliency and environmental impact. Centaur works closely with clients and existing lenders to help underwrite and financially support the value of property improvements including project scoping, financial pro-formas and energy audits.
The opportunity to reinvest in property improvements may be an appropriate time to consider refinancing, either because existing lenders are not able to provide additional funding, or the property qualifies for more efficient financing. Centaur has cultivated many relationships across the industry and can work closely with clients to explore and support the best financial solution.