C-PACE for Multifamily New Construction and 3 Seismic Retrofits close on Same Day Despite COVID
Counterpointe Sustainable Real Estate (CounterpointeSRE), announced today the closing of four Commercial Property Assessed Clean Energy (C-PACE) transactions for a total of $15 million in financing through the California Statewide Communities Development Authority’s (CSCDA) Open PACE program.
C-PACE Financing for New Construction of Hotel in Maryland
CounterpointeSRE through the MD PACE has closed financing for new construction hotel development maximizing energy efficiency and water conservation measures at the Microtel By Wyndham hotel in Gambrills, Maryland.
Forbes speaks with CounterpointeSRE’s Eric Alini about C-PACE Finance
Tom Pfister writes for Forbes on the emergence of PACE markets as the nation’s largest metropolitan cities including New York, Philadelphia, and highlights Counterpointe’s financing of the LaSalle Chicago, an Autograph Hotel renovation in Chicago.
First C-PACE in Chicago Closes for Renovation of Marriott Hotel
CounterpointeSRE announced it has provided $21.25 million to an affiliate of The Prime Group, Inc. toward redevelopment of five vacant floors of the historic 208 S. LaSalle Street building into a new, 233-room luxury boutique hotel atop the JW Marriott Hotel
New York’s First C-PACE Deal closes through Energize Improvement Corporation (EIC)
Counterpointe Sustainable Real Estate, one of the nation’s first PACE providers and a national leader in renewable energy and energy efficiency announced today the closing of financing for a solar project in Long Island, New York state’s first C-PACE financing through EIC.
C-PACE Finances Emergency Generator to Comply with New Florida Law at Senior Living Property
CounterpointeSRE has provided $3.7 million in support of Trane’s multiple upgrades HVAC and new standby emergency generator complying with Florida’s state law mandating backup generation for the facility.
Avoiding Free Fall: How to Pay & Modernize Elevators with C-PACE Financing
Elevator modernization is a capital intensive upgrade necessary for the safety of a building’s occupants.
Long term of C-PACE financing smooths out cashflow impact as illustrated in recent closings for elevator modernization projects in acute care hospitals, SNF and a hotel.
Hotelier uses C-PACE to Finance Hotel Renovation in Cincinnati Ohio
Counterpointe Sustainable Real Estate has provided financing to support the renovation of a 237 key hotel in Cincinnati, Ohio with extensive capital improvements required by franchise agreement to become the Delta Hotels Marriott Cincinnati
Need to Upgrade HVAC? Equipment with a longer life may save more money in First Year
When the contractor hands you their bid to replace equipment, many cross out the more expensive products. Yet energy efficient products reduce annual operating expenses and determining annual utility savings should be an important financial factor when selecting equipment. Astute owners are aware that equipment with a longer estimated useful life (EUL) can have an […]
C-PACE Financing for Hotel in Hollywood, CA
Counterpointe Sustainable Real Estate (CounterpointeSRE) announced today that it has closed a $12 million, 30-year, Commercial Property Assessed Clean Energy (C-PACE) for the construction of the new Tommie Hotel located in Hollywood, CA.