PERE Credit Awards C-PACE Deal of the Year to CounterpointeSRE
CounterpointeSRE and Barings partnered to originate $315.5 million in financing for the development of Habitat, a planned mixed-use development in Los Angeles. The financing, one of the largest C-PACE deals in 2024, is comprised of a five-year, $160 million construction loan and a $155.5 million, 30-year C-PACE loan, demonstrating the way in which these distinct […]
C-PACE Financing for New Construction: Planning for the Takeout
Coordinating with first mortgage lender and planning for refinancing is an important topic for the developer and commercial real estate investor looking to use C-PACE. Learn more about the benefits and protections that lead many senior lenders to consent to CPACE.
How to Lower Operating Expense with C-PACE
Upgrading lighting can have immediate payback and choosing lighting with energy efficiency in mind can reduces operating expenses. See cost benefit analysis of a project with the addition of LED lighting that illustrates large utility savings for a small investment.
Energy Efficiency at Life Science and Healthcare Properties
Commercial PACE can fund measures to reduce OPEX and carbon in hospitals, life science, and healthcare properties with strategies from the Department of Energy. National Academy of Medicine gives insights on how to incorporate savings from the Inflation Reduction Act (IRA).
CounterpointeSRE closes the largest C-PACE financing to date
$256 Million commercial PACE illustrates how CounterpointeSRE’s sustainable investment benefits both property owner, community, and the environment.
Stormwater harvesting along with 27-30% reduction in energy and water use highlight this ultra lux, sustainable multifamily development.
New York City’s Con Edison selects CounterpointeSRE as Financing Partner
ConEdison partners with Counterpointe Sustainable Real Estate to help commercial properties in New York finance clean heat and other energy measures.
Program focuses upon providing affordable options with no CAPEX to accelerate the transition to clean energy.
C-PACE for Affordable Housing with HUD Loan
Does PACE work with HUD financing? Yes. In fact, the potential for PACE financing to complement HUD Financing is a trending topic in the PACE industry covered by both the US Department of Energy’s C-PACE working group and PACENation in recent virtual workshops. Two case studies with HUD consent included.
C-PACE Outlook for New Construction In 2023
$122 million for multifamily development points the way to the continued expansive growth of C-PACE in 2023 as Archer Western breaks ground in Texas.
According to Dodge Construction Network, new starts will remain unchanged in 2023 at $427 billion with multifamily leading the way.
Affordable Energy Efficiency for Multifamily and Co-ops
C-PACE financing for multifamily housing new construction presents a significant opportunity to increase returns and to benefit the local community.
Learn strategies from DOE’s Better Buildings for decarbonization and read case study of how commercial PACE can be used to lower energy costs in affordable housing.
C-PACE and Energy Upgrades in Small Office Buildings
C-PACE finances energy efficiency projects with most cash flow positive the first year to increase NOI of the property without utilizing CAPEX.
Learn decarbonization strategies from the Department of Energy Better Buildings with a Net Zero Office case study.