Commercial Property Assessed Clean Energy (from Annual Advanced Real Estate 2018) (Online Seminar)

MCLE Credits: 1.0
Ethics Credits Included: 0.0

MCLE Credit: 1.0 (Ethics: 0.0)
Live-Interactive Credit: 0.0
Price: $70 (Includes a downloadable audio version.)
Viewable Through: 3/31/2021

Information

A pre-recorded streaming VIDEO replay of one session from the March 2018 live seminar, 22nd Annual Advanced Real Estate.


Cosponsored with the Real Property Section of the Virginia State Bar

Commercial Property Assessed Clean Energy (C-PACE) is an innovative tool to finance energy efficiency, renewable energy, and water efficiency improvements for existing and new commercial, industrial, multifamily, and nonprofit-owned buildings, and will start becoming available in localities around Virginia in 2018.  The C-PACE loan, obtained from a private lender, is secured not by a deed of trust, but by a special assessment lien against the property, and repaid via installments billed on the property’s real estate tax bill, in parity with the real estate taxes.  Consequently, C-PACE financing will often prove more advantageous to property owners than second mortgages, mezzanine debt, equity investment, and other means for funding PACE-eligible improvements.

 

Schedule

Faculty

FACULTY

Abigail Johnson, Abacus Property Solutions/ Williamsburg
William L. Nusbaum, Williams Mullen / Norfolk

Locations, Dates and Fees

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