News & Events
C-PACE Featured as Part of Great Lakes Investment Platform
The Great Lakes St. Lawrence Governors and Premiers 2021 Leadership Summit, a conference dedicated to economic and environmental issues facing the Great Lakes region, included a discussion of The Great Lakes Impact Investment Platform moderated by Michigan State Treasurer, Rachael Eubanks. The platform features C-PACE as a tool for impact investment.
Resiliency and Recovery
As severe weather events challenge the built environment, resiliency is a factor for both design and finance. CSRE has led on seismic strengthening finance in CA and is now funding resiliency and disaster mitigation measures in emerging C-PACE programs.
CounterpointeSRE Provides $4.33 Million in C-PACE Financing to Improve Energy Efficiency at Kirkbride Center in Philadelphia
CounterpointeSRE (Counterpointe Sustainable Real Estate) announced today that it has closed $4.33 million in Commercial Property Assessed Clean Energy (C-PACE) financing for the Kirkbride Center, a 17-acre healthcare and social service campus with a National Historic Landmark status owned by CoreCare Systems, Inc. in West Philadelphia dedicated to providing behavioral health and residential services for those in need.
C-PACE Financing Takes a Big Step into the Mainstream
CSRE’s Eric Alini and PACE Nation’s Colin Bishopp comment on the growth of the C-PACE industry in this Wealth Management News piece addressing the financing tool’s rise in popularity and the launch of the New York City program, which is expected to further catapult the use of the structure.
CounterpointeSRE Strengthens ESG and PACE Platforms With Leadership Appointments
From CSRE: The firm recently hired Mary-Stuart Freydberg as Head of ESG Research and Executive Director Retrofit Transactions and Evelyn Giaccio as MD and General Counsel. Existing directors have been promoted, with Devesh Nirmul and CJ DeSantis supporting business development and Taimur Jamil heading Project Finance to capitalize on his expertise in renewable energy. In March, the firm announced Douglas P. Harmon, a veteran in bridge and permanent CRE lending, as MD and Head of Principal Transactions.
MHN Energy-Focused Financing for Multifamily
By Gail Kalinoski, Multihousing News: CSRE’s recent financing of senior housing/care facilities in Littleton, CO and Houston, TX as well as commentary from Managing Partner, Eric Alini feature in this Multihousing News piece by Gail Kalinoski. “Both transactions were examples of the kinds of C-PACE multifamily financing deals that were keeping CounterpointeSRE and other green energy lenders busy since the onset of the pandemic.”
Pork Plant Powered by the Sun, Thanks to PACE Financing
By Kari Lydersen, Energy News: A massive pork processing plant in a small Illinois town is powered by solar thanks to CSRE’s commercial PACE financing — a first for the company, and for Illinois, and an example that advocates hope will inspire other industries to embrace the form of financing for clean energy projects.
CSRE Closes $4.6 Million in C-PACE Financing for Amped Kitchens as Part of NMTC Financed Gut Rehabilitation
By CSRE: The firm announced today that it has provided $4.6 million in C-PACE funding in support of completed energy-efficiency work at the recently opened Amped Kitchens Chicago facility on Chicago’s Northwest Side in the Belmont-Cragin neighborhood. The funding was provided through the Chicago PACE program.
$2.8 Million in C-PACE for New Construction ALF in Houston TX
By CSRE: Energy efficiency and water conservation measures planned for 100+ bed senior housing community qualify StoneCreek of Copperfield for private funding through Texas PACE program.