To continue reading this content, please enable JavaScript in your browser settings and refresh this page. Commercial Property Assessed Clean Energy (C-PACE), a ...
New York City’s Commercial Property Assessed Clean Energy (C-PACE) program’s pace has been sluggish since the first loan was made three years ago. But the commercial real estate industry is hoping new ...
C-PACE lending is continuing its meteoric rise. According to the C-PACE Alliance, the overall volume of transactions since the program’s inception grew to $9.8 billion by the end of 2024—$2.5 billion ...
On August 14, 2023, the EDA posted the draft assessment agreement forms and model municipal opt-in form required for the program to become operational. The newly released documents complement the ...
On April 13, 2023, the EDA posted “preliminary draft” C-PACE program guidelines on its website and will be accepting comments on the draft guidelines until May 15, 2023. The C-PACE program was ...
After a half decade of sluggishness, a green lending program in New York City may finally get a much needed boost. C-PACE, or Commercial Property Assessed Clean Energy, offers developers and owners ...
Nearly two years since the first Commercial Property Assessed Clean Energy (C-PACE) loan was executed in New York City, the financing strategy has failed to gain traction in the Big Apple. Since the ...
When lender PACE Equity provided a $5M Commercial Property Assessed Clean Energy loan to a Brooklyn nursing home in December, it was the first C-PACE loan in New York City in two years and only the ...
A lot can change in ten years. Just ask Nuveen Green Capital Founders Jessica Bailey and Alexandra Cooley. When the two met while developing Connecticut’s C-PACE program, C-PACE (Commercial Property ...
The state launched applications for its Commercial Property Assessed Clean Energy Program over the summer. Now, a project that sustains the thrill of summer year round is the recipient of the first ...
While the cohort of Americans moving into retirement continues accelerating, the senior housing supply is not keeping up, according to JLL in a recent MHN trends report. And this year, research from ...