by Melanie Bang | Sep 20, 2024 | Press
The city just made it easier for developers and landlords to secure financing for green technologies in their buildings. Will it be enough? It is no secret that the Commercial Property Assessed Clean Energy program, or C-PACE, got off to a dreadful start, with only a...
by Melanie Bang | Sep 20, 2024 | Press
Count on 2025 to be a record year for C-PACE financing. There will be increased demand, especially because of the disruption in the marketplace, as C-PACE can help fill the gap left behind by senior lenders. This can be used to fund new construction developments,...
by Melanie Bang | Sep 20, 2024 | Press
It’s been a tough couple of years for commercial real estate borrowers. Higher-for-longer interest rates, coupled with a pullback by traditional lenders, have led to a gap in borrowing. Debt maturities continue to raise additional concerns. Many sponsors wonder if...
by Melanie Bang | Jul 8, 2024 | Press
For Immediate Release Industry Veteran Sacha Boxill Hired to Lead Corporate Development and Strategic Partnerships AUSTIN, Texas, June 10, 2024 — Petros PACE Finance (Petros), the largest C-PACE provider in the country and leader in innovative structured...
by Melanie Bang | May 23, 2024 | Press
Petros PACE Finance has launched a lending platform designed to facilitate the development of condominium projects through Commercial Property Assessed Clean Energy (C-PACE) loans, Commercial Observer can first report. The new offering from Petros enables condo...
