C Pace

Clearwater PACE holds initial close of Ares-backed $300m C-PACE strategy

The specialist firm will funnel capital from Ares Alternative Credit funds toward $40m-$50m loans with an average LTV of about 35%.

Nuveen Green Capital’s latest C-PACE financing shows expanded use

The firm’s $223m anchor loan to revitalize the former Cal Neva Hotel in Lake Tahoe, Nevada, signals an effort to return the storied property from road bumps to another heyday.

Nuveen Green Capital closes $223m C-PACE loan for Lake Tahoe resort

Realberry, Kor Real Estate Partners and Proper Hospitality will use the funding and a $75m Banc of California senior loan to redevelop the Cal Neva Hotel.

Bay Area sees rise in deeds-in-lieu sale as lenders move on distressed assets 

Potential investors see a brighter future for distressed properties as rental rates rise and job growth accelerates.

North Bridge sets a C-PACE template with New York City’s first multifamily closing

JEMB Realty will use the $8m loan to fund Herald Towers’ infrastructure upgrades alongside existing debt from Blackstone and Corebridge.

Clearwater adds senior credit specialist to scale C-PACE platform

The firm has hired Lisa Nordel as a managing director to bolster its underwriting, portfolio construction and institutional partnerships.

Bayview taps into Florida C-PACE momentum with $200m financing

The funding will be used alongside equity and EB-5 capital for Okan Group-backed development of a 72-story mixed-use tower.

Nuveen Green Capital closes $124.2m C-PACE deal for Miami multifamily development

The funding will be used by Rilea Group alongside a $25m senior loan from ABANCA USA to build the 300-unit Mohawk at Wynwood.