Leavenworth Lofts is a 28-unit multifamily ground-up development providing new housing options in an in-demand neighborhood near medical developments in Omaha, Nebraska. The building's high-efficiency heat pumps and low-flow plumbing fixtures support efficient building operations and meaningful emissions savings.
Highlights
First State Bank of the Florida Keys funded this C-PACE transaction through the FASTPACE platform. The $670K financing is the second C-PACE loan in Nebraska originated on the FASTPACE platform. Sullivan Development Company accessed attractive, long-term C-PACE capital to support a high-performing ground-up development project.
Results
The financed improvements result in over 145,000 lbs of annual carbon emissions reductions, supporting efficient building operations while providing new housing in a high-demand area of Omaha.