Investing in a green future
We are a top capital provider for property assessed clean energy
COMMERCIAL
Inland Green Capital is an investor in PACE green projects for the following property types:
Commercial Offices
Industrial Facilities
Multifamily
Commercial Retail
Hospitality
Other Types on Case-by-Case Basis
Terms are up to 20 year. Lender consent required
RESIDENTIAL
We are currently a
buyer of residential
PACE bonds.
PACE stands for Property Assessed Clean Energy, a new way for commercial and residential property owners to finance energy efficiency measures for their properties. Whether it is energy efficiency upgrades, renewable energy projects, water conservation, or hurricane mitigation, PACE offers 100% funding through local and state governments, and is repaid through an assessment on the property only for a term up to 20 years. The benefits of PACE can include no up-front cash investment, long-term financing, and no payoff upon sale since PACE assessments remain with the property for the next owner. Most importantly, the program promotes sustainability efforts in the real estate industry.
Inland Green Capital is a member of The Inland Real Estate Group of Companies, Inc. (Inland) which is one of the nation’s largest commercial real estate and finance groups. Inland has been creating, developing and supporting real estate related companies for 50 years. It is comprised of a group of separate legal real estate investment and financial companies with managed assets with a book value in excess of $16.4 billion, doing business nationwide. Inland companies cumulatively employs over 1,000 people. In its history, Inland has raised more than $22 Billion in capital from more than 478,000 investors. Inland is headquartered in Oak Brook, IL and has the distinction of being the 2009, 2014 and 2017 Better Business Bureau Torch Award Winner for Ethics in the Marketplace.
Inland Green Capital is currently an investor in PACE bonds through various subsidiaries. To date, we have purchased PACE bonds from program administrators in California and are listed as an approved capital provider with several other PACE programs. We do not have a limit of allocated capital for PACE and are focused on the continuing success of PACE throughout the country. We are actively looking to deploy capital for PACE and other environmental initiatives.
Inland Green Capital views this investment not only from a business perspective, but also as an opportunity to demonstrate leadership in the real estate community regarding energy efficiency and sustainability initiatives. Adding energy saving improvements will help save on utility costs, improve property values, and benefit the environment. Whether it is helping administrators starting or expanding PACE programs or purchasing private placement PACE transactions, Inland Green Capital is committed to supporting energy efficiency measures throughout the real estate industry.
Mr. Pikus is responsible for Inland Green Capital’s overall business direction which includes overseeing PACE project investments, capital markets, and legislative affairs. Mr. Pikus has been active in the PACE market since 2012 and was instrumental in establishing Inland Green Capital into a national presence. Mr. Pikus has over 23 years of experience in commercial real estate finance and has held positions at US Bank, Credit Suisse, and Inland Bancorp. He is a graduate of the University of Wisconsin – Madison.
Janet Heintz is Secretary of and legal counsel to Inland Green Capital LLC where she advises on PACE transactions and strategic business partnerships in addition to having been involved in the authorship of the Illinois PACE legislation. Ms. Heintz joined the law department of The Inland Real Estate Group, LLC in 1995 where she is Senior Counsel and Senior Vice President in addition to being Secretary, Director or Manager of a number of Inland affiliated entities. In her capacity as Senior Counsel, Ms. Heintz represents entities and sponsored funds that are part of The Inland Real Estate Group of Companies, LLC, primarily in the business areas of PACE financings, commercial real estate bridge financings and investment advisors. In addition, Ms. Heintz counsels on corporate structure, marketing and other corporate wide initiatives. Ms. Heintz is admitted to practice law in the State of Illinois and earned her bachelor degree from Purdue University and her law degree from Indiana University School of Law.
As Operations Manager, Ms. Jarosz manages, analyzes, and processes PACE transactions. She supervises everyday workflow to meet goals and to promote company expansion into new PACE jurisdictions. Ms. Jarosz has been a part of The Inland Real Estate Group of Companies Inc since 2013. She has over 15 years of professional experience in diversified industries. Known for a can-do attitude and devotion to excellence, Ms. Jarosz is currently pursuing her Master’s in Accountancy at Benedictine University, in Lisle.
630-586- 4869
agnes.jarosz@inlandgroup.com
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Meghan Kean is the Director of Finance for Inland Green Capital, LLC where she is responsible for overseeing all financial and accounting related activities, including budgeting and forecasting, financial reporting, P&L management, and financial analysis & modeling, as well as partnering with the business and executive leadership teams to develop and execute long-term strategic plans and ongoing operational goals and priorities. In addition, Meghan is also the Director of Financial Planning & Analysis for The Inland Real Estate Group, LLC where she is responsible for enterprise-wide financial planning, reporting, & analysis and ensuring organizational alignment and optimization across the Inland Finance and business support teams. Meghan brings over 10 years of experience of commercial real estate finance and operational expertise to her role. Prior to joining Inland in May of 2017, she served as Vice President and Director of Finance for Jones Lang LaSalle (“JLL”) where she was responsible for directing and leading the financial activities and operational strategies for their global Corporate Solutions business with annual revenues in excess of $1 billion spread across a highly complex, multi-matrixed service and product offering. During Meghan’s long and fruitful tenure at JLL she was instrumental in ensuring the finance organization was effectively transforming and maintaining standards of excellence while the business experienced a high rate of global growth. Armed with a keen eye for identifying challenges that hinder business performance and engineering innovative and solutions, Meghan has a passion for translating strategic initiatives into tactical execution and enjoys leveraging her past experiences and current skillset to help drive business profitability, operational excellence, and continued financial growth. Meghan is a graduate of the University of Dayton where she earned her degree in Accounting, Finance, and Economics.
Daily Herald Business Ledger : Make way for commercial PACE funding in Illinois
http://www.dailyherald.com/business/20170907/make-way-for-commercial-pace-funding-in-illinois
Daily Herald Business Ledger
By: Mark Pikus
September 7th, 2017