Commercial real estate expenses sometimes pile up, and are referred to as “deferred maintenance”. Other major investments in assets for your building are called “CapEx”. These capital expenditures could be for building systems, a new roof, boiler, chiller, windows, heating, ventilation and air conditioning systems. As a real estate investor, you’ll be intimately familiar with the cost of building repairs, maintenance and capital expenditures… You may not know, though, that “green banks” in 20 states (and counting) offer a program called Commercial Property Assessed Clean Energy (CPACE) that could allow you to…
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