Who We Are

NRTT PACE clients will benefit from a standardized process across residential, commercial, and industrial PACE loans regardless of the participating geographic region. Our streamlined services and customizable reporting will enhance credit ratings of the loans and bonds and reduce the barrier to entry into new PACE markets and property types.

NRTT PACE Solutions is the only firm that streamlines servicing across all property types and municipalities and the only firm that combines a formidable foundation of a nationwide property tax management technology platform to lenders, servicers, and funds across the country combined with relationships of over three thousand local tax assessors and collectors.

What Is Pace?

PACE stands for Property Assessed Clean Energy which is a quickly accessible financing instrument that assists home owners and commercial property owners pay for a variety of energy efficient, renewable energy, and water conservation improvements to the property.

PACE Loans are subject to participation by enacting state legislation and active participating counties within the state. PACE Loans have no upfront cost to home owners or commercial property owners and the debt obligation is paid as a line item on the annual property tax bill. Upon sale of the home or commercial property the PACE loan is transferable to the new owner.

What are eligible energy related products & improvements?

  • Solar Panels

  • Solar Hot Water

  • Electric Vehicle Charging Stations

  • Advanced Energy Storage Systems

  • Solar Pool Heating

  • Micro Wind

  • HVAC Replacement

  • On-Demand Hot Water

  • Window

  • Duct Insulation

  • Programmable Thermostat

  • Furnace

  • Insulation

  • Low-Flush Toilets

  • Leaky Pipes

  • Drip Irrigation

ABOUT NRTT PACE SOLUTIONS

  • We set the standard by delivering the ultimate customer experience for lenders, borrowers, investors, and municipalities
  • NRTT PACE Solutions is a nationally recognized property tax management and PACE Loan Servicing firm focusing on innovative technology and streamlined servicing for Residential and Commercial PACE programs.
  • Notwithstanding our nationwide coverage we are headquartered in Chicago, IL
  • Since our inception in 2010 NRTT has serviced over 60 servicing and lending clients with established servicing relationship in over three thousand (or 23k??) taxing authorities across all 50 states.
  • NRTT actively servicing over $50 bb in assets
  • We pioneered the concept of a specialty property tax servicer that covers industries across the financial sector and delivers expertise and relationships in all 50 states
  • Commitment to exceptional service.
  • Our name is synonymous with accuracy, innovation, quality, and superior service
  • NRTT PACE Solutions stays ahead of the curve for regulatory requirements, economic PACE news and impact and political events impacting our markets of service

Our Team

  • Earned trust from financial institutions, regulatory agencies, governmental taxing authorities and borrowers through our committed and knowledgeable account management staff that serve as an extension of your team
  • NRTT PACE Solutions senior management and executive team have over a combined 30 years of experience in the industry and expertise in all tax lien secured financing.
  • NRTT PACE Solutions team is able to offer an unparalleled perspective and wealth of knowledge with each and every one of our clients.
  • NRTT PACE Solutions team is intimately familiar with the PACE landscape and changing economics of finance and challenges facing lenders in servicing and program implementation.
  • NRTT PACE Solutions servicing staff has extensive experience working with local governments and long standing relationships with county tax collectors and assessors across the country, lending us an edge that is unrivaled in our industry

Technology

  • Technology Solutions – state of the art, proprietary database and web-based application available 24/7 for reporting, payment facilitation, taxing authority information, and bill and receipt imaging

  • RealT and Client Exchange were created to normalize and streamline property tax servicing across thousands of taxing authorities with thousands of due dates and statutory differences, different lender and investor requirements, and a customizable interface. NRTT PACE Solutions is simple and secure servicing at its finest

  • Our technology, business model, and servicing methodologies create a winning combination for clients in all financial and governmental sectors for residential and commercial PACE Programs

  • Our proprietary database and web based application enables our service to store large amounts of data across all different taxing authorities and financial industry sectors and organize this data in a simple and streamlined fashioned for customizable and on demand reporting

Our Services

General Services
  • NRTT PACE Solutions has successfully implemented and established a simple, secure, and normalized servicing model that has set the precedent for PACE loan servicing across the country.
  • As a value added service our firm provide PACE economic analysis, fiscal and program implementation consulting, and PACE administration across the country
  • Our servicing infrastructure provides all stake holders with a simplified, guaranteed, and streamlined program that allows local governments, lenders, originators, administrators, contractors, and borrowers so focus on green energy and make informed decisions while resting assured the NRTT PACE Solutions takes care of everything along the way
  • NRTT PACE Solutions is equipped to handle taxing authorities, facility amounts, project types, and loan volume of any amount and kind.
  • Our servicing capabilities and controls are acknowledged in our annual SOC 1 exam and SEC REG AB audit.
  • Our servicing strength is built upon the experience of more than twenty different professional team members whose collective experience ranges from quality assurance, loan servicing, originations, accounting, title, and governmental grade database management.
Servicing & Administration Services

NRTT PACE Solutions services all facets of clean energy loans, an overview of our servicing and administration includes but is not limited to the following:

  • New loan/bond set up in database
  • Correspondence with lender to coordinate project milestones
  • Maintain parcel, loan, & bond database with project details
  • Filing of liens and levies in applicable taxing authorities
  • Confirm assessment payment schedule with taxing authority
  • Assist taxing authority in PACE administration duties
  • Confirm timely payment of assessment
  • Engage in special servicing as needed*
    • Special Servicing
      • While we are not a collections agency, NRTT PACE Solutions can provide special servicing solutions to your institution to optimize the collections and recovery process.
  • Prepare payoff quotes and redemptions
  • Lien and levy releases
  • Prepare bond call worksheets for trustee and all investor reporting requirements
  • Answer property and/or building owner inquiries