Tag Archives: ViaNova

The Peregrine Hotel – First Omaha project to use PACE financing

By Cindy Gonzalez, Omaha World-Herald

About $3.4 million in PACE funds are to fill a gap in the overall $13.6 million cost of converting the seven-story downtown structure to the hotel, said Rob Shear of PACE Sage Capital LLC, which helped arrange the private financing for ViaNova. He said the PACE loan is to close later this month. Shear calls the new financing mechanism, which is used already in some other states, a boost to economic development. He said it can breathe life into commercial projects that otherwise might never get off the ground.

First look: Peregrine boutique hotel at 18th and Douglas is partly financed by new clean-energy program

Photo: Downtown Omaha, Wikimedia Commons

MORE ABOUT PROPERTY ASSESSED CLEAN ENERGY (PACE) 

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