News & AnalysisNorth Bridge sets a C-PACE template with New York City’s first multifamily closingJEMB Realty will use the $8m loan to fund Herald Towers' infrastructure upgrades alongside existing debt from Blackstone and Corebridge.ByRandy Plavajka9 February 2026•4 mins readNew YorkNorth AmericaNortheastUnited StatesAlternative lendersC-PACEDebt fundsRefinancing