Missouri C-PACE Program Administrator Features CounterpointeSRE in Keeping up with MO-PACE

The Missouri Energy Initiative, the PACE Program Administrator for Set the PACE St. Louis, and Show Me PACE in Missouri MO recently featured Counterpointe Sustainable Real Estate in Keeping up with MO-PACE.

Read their feature below and contact us for questions about C-PACE financing in Missouri.

COUNTERPOINTESRE: LEADING SUSTAINABLE PROJECT FUNDING WITH PACE

In the realm of sustainable project financing, Property Assessed Clean Energy (PACE) programs have emerged as a pivotal tool, enabling property owners to fund energy efficiency, renewable energy, and resilience improvements. Among the leaders in this field stands Counterpointe Sustainable Real Estate (CounterpointeSRE), a formidable player with a distinctive Wall Street commercial real estate background and majority owned by MassMutual.

CounterpointeSRE brings a unique perspective to the PACE landscape having established the very first statewide PACE program in the nation for all property types and instrumental in the foundations of the industry. Led by a seasoned team, including a former head of mortgages at Bear Stearns and global structured investments at Merrill Lynch, Counterpointe SRE specializes in on-balance sheet capital that can navigate large and complex transactions that require deep real estate and PACE industry expertise.

One of CounterpointeSRE’s notable achievements is its track record of closing the largest PACE transactions in the history of the industry, nationwide such as the $256 million C-PACE provided for a newly built multifamily building. Recently, they successfully facilitated a landmark $165 million financing with a $102 million construction loan complemented by $63 million in PACE financing for a to be built mixed used development of 6 buildings in Connecticut. In a state where PACE transactions have totaled just over $200 million since 2011, CounterpointeSRE’s continues its record of closing each state’s larger transactions and this accomplishment underscores its capacity to scale and execute significant sustainable real estate investments.

CounterpointeSRE is committed to sharing their expertise with both large and small Missouri-based property owners, for whom they have closed transactions as approved PACE capital providers for Set The PACE, Show Me PACE, and St. Louis County’s Missouri Energy Savings Program. By leveraging PACE financing along with their bridge loan and other energy financing products, CounterpointeSRE aims to catalyze sustainable development initiatives, further solidifying their role as pioneers at the intersection of real estate and sustainability.

As PACE programs continue to evolve as a cornerstone of sustainable project financing, CounterpointeSRE stands at the forefront, blending financial acumen with a commitment to providing sustainable financing for all eligible projects. Through their leadership and expertise, they exemplify how strategic partnerships and innovative financing mechanisms can drive meaningful change in the built environment. CounterpointeSRE is shaping the future of sustainable real estate development, one transformative project at a time.

For more information on CounterpointeSRE and their pioneering work in PACE financing, visit CounterpointeSRE’s website.

This article is part of Keeping Up With MO-PACE, your source for insights and updates on PACE financing and sustainable development.

What is PACE financing:

PACE financing makes it possible for owners and developers of commercial properties to obtain low-cost, long-term financing for energy efficiency and renewable energy infrastructure deployed in new or existing buildings. These green infrastructure elements and associated soft costs can be financed with no out of pocket costs and are repaid through the property tax bill over a term that matches the useful life of improvements.

About Counterpointe Sustainable Real Estate:

Since 2013, CounterpointeSRE and its affiliates have had a major impact in reducing the commercial building sector’s carbon footprint and in providing resiliency to the nation’s infrastructure. A majority-owned subsidiary of MassMutual, CounterpointeSRE operates at the intersection of commercial real estate and energy industries through diversified sustainable infrastructure investments including mortgages, PACE and other energy financial tools.