Commercial property owners received hundreds of millions of dollars in PACE financing in 2017—more than twice the total amount of deals closed in 2016. It is now possible to arrange PACE financing in more than half the states in the United States. Also, as more property owners learn how to use this complicated financing tool, PACE deals are becoming larger.

https://urbanland.uli.org/sustainability/use-pace-financing-renovations-construction-growing-commercial-buildings/