3701 Gallatin Pike is a commercial retail property located in a high-growth area of Nashville, Tennessee. The property renovation accommodates four new restaurant and retail tenants. C-PACE financing for this project supports building energy upgrades and improves resiliency.
Highlights
Amalgamated Bank funded this $1.7M C-PACE transaction through the FASTPACE platform. FASTPACE provided retroactive C-PACE financing for the completed project, a gut rehab of a multi-tenant retail space in the Inglewood neighborhood of Nashville. C-PACE financing provided the sponsor with an attractive option to recapitalize the project upon completion in early summer 2025.
Results
The C-PACE financed improvements are projected to save $2.8K annually in energy expenses, supporting long-term operational efficiency across the multi-tenant retail property.