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Stonehill On Track to Deploy $400 Million in CPACE Financing Across Multiple Real Estate Sectors

Stonehill’s CPACE group has closed or is under contract with approximately $225 million in commercial property assessed clean energy (“C-PACE”) financing year-to-date. These are across 23 transactions that span most real estate sectors, including hotels, multifamily, industrial, and mixed-use. In addition, the CPACE group expects to deploy up to $400 million in 2023 for renewable […]

C-PACE: An Affordable Solution for Construction Issues and Cost Overruns

By Jared Schlosser, senior vice president, Stonehill Commercial Property Assessed Clean Energy (C-PACE) is an innovative financing program that is gaining popularity across the U.S., as it offers a low-cost, long-term capital solution that doesn’t require upfront equity from the property owners. The central appeal for using this program for energy-efficient upgrades and retrofits is […]