by Melanie Bang | Feb 23, 2024 | Press
Joint venture between Melrose Ascension Capital and Singapore’s Q Investment Partners (QIP) has secured $26.5 million of Commercial Property Assessed Clean Energy (C-PACE) financing for its planned 18-story residential tower in Chicago. Petros PACE Finance supplied...
by Melanie Bang | Feb 14, 2024 | Press
Petros PACE Finance’s Mansoor Ghori explores the rapid surge in demand for C-PACE financing SPONSOR PETROS PACE FINANCE The C-PACE industry has gained momentum, evolving from a niche financing mechanism connected to residential solar panels to a widely accepted...
by Melanie Bang | Feb 7, 2024 | Petrospectives
As we know it today, C-PACE financing is quickly becoming the most economically sustainable subset of the capital stack—a fact that is driving an increase in its share of the capital stack. Although the concept of Property Assessed Clean Energy (PACE) began in the...
by Melanie Bang | Nov 15, 2023 | Press
Construction of Luxury Boutique Hotel Slated for Completion in 2025 SAN FRANCISCO and HEALDSBURG, Calif., Nov. 13, 2023 /PRNewswire/ — GreenRock Capital, a leading C-PACE Finance Company, and Petros PACE Finance, the largest C-PACE provider in the country and a...
by Melanie Bang | Nov 9, 2023 | Petrospectives
C-PACE is needed in good times and in bad. A few years ago, senior financing—typically the cheapest money in the capital stack—had the lowest interest rates, about 4% to 5%. Mezzanine was slightly higher, and equity higher than that (as mezzanine and equity assume...
