Did you know C-PACE can be used mid construction as rescue capital? Here’s how.
Capital Solution Without Restarting the Capital Stack
C-PACE can be introduced mid-construction to provide capital without requiring full refinance or recapitalization, often paying down a portion of the existing construction debt in exchange for an extension or modification.
Bridges Construction Budget Gaps
Whether due to cost overruns, scope changes, or interest reserve shortfalls, C-PACE offers a flexible, non-dilutive way to inject liquidity to cover funding gaps and keep the project moving forward.
Lowers Cost of Capital Midstream
By replacing or supplementing more expensive capital sources during construction, C-PACE can improve overall project economics even after the project is underway.
Funds Can Be Disbursed in Tranches
Our platform supports phased funding aligned with construction milestones, helping reduce capitalized interest and manage overall project cash flow more efficiently.
Case Studies
Examples of recent Petros mid-construction deals.
Multifamily | Los Angeles, CA | $16.9M C-PACE
Hotel | Palmetto, FL | $14.4M C-PACE
Want to learn more about other Petros projects?
Upcoming Conference
Petros will be attending the below conferences. Reach out to me to set up an on-site meeting.
2025 Western States CREF Conference
Sept. 3 – 5, Las Vegas, NV
28th Real Estate Private Equity Summit: West
Sept. 25, Los Angeles, CA
In The News
Kevin McMeen, New Lead at Petros PACE Finance, on What’s Next for C-PACE and Structured Real Estate Financing
“C-PACE is how we deploy capital, but the core of our business is structured real estate finance. That orientation allows us to differentiate from other C-PACE lenders by providing smart structuring, reliable execution, and experienced underwriting.”
Kevin McMeen, Petros President & CEO
Your C-PACE Partner
Why work with Petros? We were made to help you build your capital stack.
Petros is one of the original direct C-PACE lenders with a national footprint, backed by the strength and scale of the Apollo group of companies. But what truly sets us apart is how we execute. With billions in committed capital, upfront underwriting, and approvals before term sheet issuance, we deliver certainty of close, eliminating re-trades and reducing execution risk.
From start to finish, our in-house underwriting, legal, and transactions teams streamline the process, helping structure and close quickly and confidently.
We’re experienced, flexible, and creative. We move fast, act as true partners, and bring a sponsor-first mindset to every deal.
Need a senior lender to fund alongside C-PACE? We’ve now got you covered with the ability to bring a full capital stack solution.
Let’s set up some time to discuss your specific project needs.
We look forward to hearing from you!