C-PACE has matured from a policy incentive into a financing instrument with specific structural characteristics that either fit a given deal or don’t.
PACE leaves your current tax revenues intact. Property Assessed Clean Energy (PACE) financing is an economic development tool that does not subtract or redirect a political subdivision’s existing tax ...
C-PACE financing is an agile financing option for commercial real estate capital stacks. Developers are relying on its ability to provide creative, flexible capital solutions within the stack. The ...
A rendering of Domus Brickell Center. The development will include a number of energy-efficiency and natural disaster resiliency-focused features. Image courtesy of North Development North Development ...
Not too long ago, if you mentioned C-PACE in a commercial real estate context, you’d have to explain what it meant. Times have changed. We’re in the moment: C-PACE has gone mainstream. Developers, ...
Partner Insights spoke to Kevin McMeen, President and CEO of Petros PACE Finance about how the firm’s real estate expertise and creative mindset shapes deal structures to custom fit their clients’ ...
Nuveen Green Capital (NGC) recently closed one of the largest C-PACE financing packages on a single project. At $290 million, NGC’s financing for The Pendry Hotel and Residences in Tampa, Florida is ...
Today’s commercial real estate is having a difficult time getting deals to pencil due to a tight lending environment and higher-for-longer interest rates. This has led many developers to get creative ...
Today, CleanFund Commercial PACE Capital, Petros PACE Finance, and Renew Financial completed funding for $40 million of seismic upgrades to Seton Medical Center in Daly City, CA. This project is the ...
ATLANTA--(BUSINESS WIRE)--Stonehill PACE announced it had completed approximately $150 million in commercial property assessed clean energy (“C-PACE”) loans over the past 12 months for renewable ...
TACOMA, Wash. & ATLANTA--(BUSINESS WIRE)--Stonehill PACE officials announced that the company originated its first commercial property assessed clean energy (C-PACE) financing in the state of ...
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