Financing Parameters

 

 

Project Type: Commercial Projects Only: Industrial, New Contruction, Re-Development, Multi-Use,

Residential, Upgrade of other Qualified C-PACE Expense 

Loan Size: $1,000,000 to $20,000,000+

Loan Terms: 5-30 Years 

Max LTV: Up to 100% 

Geography: All States with C-PACE Enabling Legislation and Active C-PACE Program Administrators 

Property Taxes: Current, without Delinquency over last 5 years 

Prepayment: Prepayable at anytime. Prepayment fees vary based on loan terms 

Amortization: Self Amortizing 

Underwriting Documentation

 

Underwriting Documentation:

 

Appraised Value at Completion 

 

Energy Efficiency and Savings Detail (Energy Audit) 

 

Title Report 

 

Entity Authorization Documents 

 

Underlying RE Loan Agreements or Term Sheets  

 

Executive Mortgage Lender Consent 

 

Commercial Property Insurance 

 

Construction Contracts 

 

C-PACE Program Admin Final Application 

Sponsor/Owner Information  (Background/Resumes, Financial History 3 Years (PFS if individuals) 

C-PACE Specific Sources and Uses 

 

Project Proforma: Historical 3 Years and Future Proforma 3 Years

Loan Term Expectation 

 

Energy Special Improvement District (ESID)-  Creation and Approval Time Line 

 

 
 

Cuyahoga River Capital LLC

 

            mdegrandis@crivercap.com              1-888-742-7484    

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