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Operators who’ve seen it say it’s impressive. Whether they’ll switch is another question.
C-PACE financing for commercial real estate. Thesis Driven dives into how the product is structured and repaid through a special assessment rather than a mortgage, using it to reduce equity requirements and replace expensive mezzanine, eligibility across ground-up development recapitalization and retrofit, navigating senior lender consent, and why it has moved from a sustainability add-on to a structural part of the capital stack.
C-PACE used to live at the edge of the capital stack. A niche tool for energy retrofits, small-ticket
Exploring the opportunities, challenges and uses of C-PACE financing for commercial real estate
How small-scale developers can get creative to finance deals despite challenging capital markets and investor inertia
Covering the future of real estate and the people creating it