Skip to main content
TOOLS
The Morningstar Fund Compare tool quickly evaluates different funds against one another. In addition to Nuveen funds, add any MF, CEF or ETF available from Morningstar. Important information and disclosures are included after you click Generate Report. Please ensure to enable pop-ups in your browser.
The Morningstar Portfolio Review tool compares and analyzes your portfolio holdings. In addition to Nuveen funds, add any MF, CEF or ETF available from Morningstar. Important information and disclosures are included after you click Generate Report. Please ensure to enable pop-ups in your browser.
utility-drawer__mobile-restriction Tools are currently unavailable for use on mobile. Please visit the desktop site.
fund compare tool image
Fund Compare
Quickly evaluate different MFs, CEFs and ETFs against one another
portfolio review tool image
Portfolio Review
Generate a detailed analysis of your portfolio holdings including MFs, CEFs and ETFs
Image of Municipal bond investing ladder tool
Municipal Bond Ladder Tool
Learn how a laddered portfolio may perform in rising rate environments
Powered by Morning star
Confirm your location and role
location select
language select
background-195 13th Avenue - Case Studies - Nuveen Green Capital

195 13th Avenue

195 13th Avenue

Opportunity

The owners received $1.724M in C-PACE financing for the installation of a 739 kW community solar project installed by SuNation. The project is using community solar to turn their previously empty roof into a revenue generating asset that more than offsets their C-PACE payments, resulting in a cash flow positive project from year 1.

The owners are expected to realize a net savings of $5.4M over the life of the solar array, all with $0 out of pocket.

Property summary

195 13th Ave is an owner-occupied light industrial building located in Ronkonkoma, NY, about an hour outside of New York City in central Long Island.

The future of sustainable energy is solar. It’s clean, renewable, and increasingly more profitable for property owners. C-PACE’s leading benefit is that it covers 100% of the project costs while the owners continue to receive 100% of the incentives from purchasing solar. Most of the financial returns are front-loaded by the Federal Solar Tax Credit and bonus depreciation. Over the 25-year lifespan, the project continues to generate positive annual cash flows after debt service. Solar technology’s performance and cost have come a long way and if owners have the ability to activate their roofs, they should.

Working with Nuveen Green Capital was quick and easy, especially since they’ve worked in Suffolk County before and understand the process. The closing was quick, and funding has been timely and organized.

Jacob Entel
Founder – Nexjen Real Estate
Case studies
  • Previous page
  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • Next page
Filters
Assets
Project Type
Contact us
Darien, CT
19 Old Kings Highway South, Suite 210, Darien, CT 06820
Back to Top