Commercial Warehouse

Project Information


Close Date
 January 28, 2016
Total C-PACE Financing
$350,949
C-PACE Tax Assessment (annual)
$33,731
Term
20 years
Interest Rate
7.23% (fixed)
Construction Timeline
3 months
C-PACE Administrator
California First (CSCDA)

Building Specs


Square Feet
74,134 
Year Built
1985

Royal Imex
12605 Clark Street, Santa Fe Springs, CA

Royal Imex Facility

Project Summary

RAHILL Capital closed on the C-PACE financing for a single-tenant commercial warehouse in Santa Fe Springs, CA.  The $350,949 special tax assessment enabled Royal Imex’s corporate headquarters facility to significantly lower its energy and operating costs. The Royal Imex financing is RAHILL’s first successfully-closed C-PACE deal in the state of California.

The property owner chose to use C-PACE on this project to increase cash flow and maximize their property’s value.

Qualifying Improvements

  • 98.6kW roof ballast-mount solar PV array