Expertise in Property Assessed Clean Energy (PACE) Financing
KEBB is a leader in leveraging Property Assessed Clean Energy (PACE) financing to strengthen our capital stacks and enhance project returns. PACE loans provide non-recourse permanent debt for energy-efficient property upgrades or new developments, closing alongside conventional construction financing. This strategy offers greater leverage and reduces contingent liabilities due to its non-recourse structure.
Flexible Amortization
PACE loans can be amortized over up to 30 years, compared to the shorter terms of conventional financing. This flexibility improves financial viability, particularly for hotel projects.
Revenue Generation
KEBB can pass through some or all of the annual PACE assessment to hotel guests as an additional tax on their room bills, creating an extra revenue stream for the project.