Wealth Management News sees Commercial PACE entering the Mainstream
Eric Alini and PACENation’s Colin Bishopp comment on the growth of the C-PACE industry in this Wealth Management News piece addressing the launch of the New York City PACE Program and the rising use of C-PACE by developers of commercial real estate.
Multihousing News features Energy Focused Financing for Multifamily
By Gail Kalinoski, Multihousing News: Features green lending of new developments in Littleton, CO and Houston, TX as examples of C-PACE multifamily senior housing that were keeping CounterpointeSRE busy since the onset of the pandemic.”
Swift Pork Plant powered by the Sun, thanks to C-PACE Financing
By Kari Lydersen, Energy News: A massive pork food processing plant in a small Illinois town is powered by solar thanks to CounterpointeSRE’s PACE financing — a first for the company and for Illinois, and an example that advocates hope will inspire other industrial properties to embrace commercial PACE for clean energy projects.
C-PACE for Adaptive Reuse of Former Factory with NMTC
The firm announced today that it has provided $4.6 million in commercial PACE funding in the gut renovation of a former manufacturing facility into shared kitchen space with highly energy efficient equipment. With consent from 5 New Market Tax Credit lenders, the funding will support job creation on Chicago’s Northwest side.
$2.8 Million in commercial PACE for New Construction Assisted Living Facility in Houston TX
Commercial PACE funded conservation measures planned for 100+ bed senior housing community qualify StoneCreek of Copperfield for private funding through Texas PACE program.
Developer also utilized C-PACE to take out construction loan on similar facility in Colorado.
$13.7 Million in C-PACE for Mid-construction finance in SoCal
By CSRE: Connecticut-based national lender boosts “Poway Outpost” capital stack to nearly 75% LTV by deploying PACE financing as a midstream capital solution amid COVID disruptions.
How Energy Financing Can Fill the Gap in multifamily: Q&A with Eric Alini
By Multi-Housing News: Managing Partner Eric Alini speaks to Multi-Housing News about C-PACE and how this alternative financing tool focused on sustainability can preserve equity, strengthen the capital stack,and lower WACC. He also discusses how C-PACE works with permanent financing from seniors and HUD.
Detroit Project launches CounterpointeSRE’s Green Roof C-PACE Financing Program
Detroit Becomes Home to Michigan’s First PACE-financed Green Roof with C-PACE from CounterpointeSRE GREENWICH, CT (July 8, 2020) – Counterpointe Sustainable Real Estate announced today the closing of over $1 million in C-PACE financing for the installation of a green vegetated rooftop and a series of at-grade stormwater features, including a rain garden, at the […]
Minnesota Developer utilizes C-PACE for Sustainable Construction of Luxury Multifamily in Edina, MN
CounterpointeSRE provides $5.5 million in C-PACE to help developer reduce carbon footprint and reduce tenant utility bills without compromising the luxury experience at the Millenium Sixty Six of Edina, MN located in Greater Minneapolis/St. Paul area.
CounterpointeSRE team closes nine projects in first weeks of COVID
COVID-19’s disruption of business is significant and we are fortunate to continue supporting energy-efficiency, renewable energy and resiliency projects with 9 closings since March 23. thanks to exceptional support from local government and other partners.