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Memphis’ first C-PACE loan gives assist to Uptown Studio and Storage project

by Mansoor Ghori, CEO, Petros PACE | Mar 6, 2023 | Press

Uptown Studio and Storage, the initial phase of what is planned to eventually convert the former Greyhound bus station at 525 N. Main St. into a mixed-use site, has become the first project to receive C-PACE financing in the City of Memphis and the...

Petros PACE Finance Surpasses $1 Billion Milestone in Originations and Balance-Sheet Funded C-PACE Transactions Since Inception in 2016

by Mansoor Ghori, CEO, Petros PACE | Nov 17, 2022 | Press

Petros Projects Crossing $2 Billion Milestone in 2023 As Activity and Size of Transactions Accelerate Broader Acceptance from Property Owners And Sustainability Tailwinds Transform C-PACE from Niche to Mainstream Financing Tool Petros PACE...

Petros PACE Finance Closes Largest C-PACE Deal in History with $153 Million Financing Towards $820 Million Black Desert Resort Project

by Mansoor Ghori, CEO, Petros PACE | Oct 4, 2022 | Press

Petros PACE Finance (Petros), the largest C-PACE provider in the country and a leader in innovative and structured finance, today announced that it has closed on a record $153 million C-PACE financing as part of the $820 million, 580-acre world-class development,...

C-PACE Financing Finds Solid Footing in the Capital Stack

by Mansoor Ghori, CEO, Petros PACE | Sep 28, 2022 | Press

This rapidly growing alternative funding method can help developers meet a wide range of goals. New financing vehicles can take time to achieve market acceptance, but with more than $3 billion in transactions since its inception more than 10 years ago, Commercial...

PACENation Announces 2022 PACE Champions, Chair’s Award and PACESetters

by Mansoor Ghori, CEO, Petros PACE | Aug 10, 2022 | Press

“Los Angeles, CA – PACENation, the national membership association for PACE financing, announced the recipients of the 2022 PACESetter Awards and honored two PACE Champions and the winner of the Chair’s Award for their distinguished leadership in the PACE marketplace....

How C-PACE Financing Is Powering Green Historic Renovations

by Mansoor Ghori, CEO, Petros PACE | Aug 9, 2022 | Press

“When Bud Liebler, a former Chrysler executive, purchased the historic Whitney Mansion in Detroit in 2007, the 22,000-square-foot (2044 sq m) granite structure—built as a lumber baron’s residence in 1894 and converted into a restaurant in the 1980s—had decorative...
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