Archive for June, 2024

Cost Effective, Experienced, and Community Focused

2024 Expected to be Another Record-Setting Year for PACE

Jun 25, 2024

PACE issuance got off to a strong start in 2024 as property owners looked to offset a lack of available bank debt with alternative financing solutions.  PACE asset-backed securities volume totaled about $362 million through June 7, according to a new report from Morningstar DBRS. The robust volume comes on the heels of a record-setting […]

Hotels Are Harnessing the Power of PACE to Meet Sustainability Goals

Jun 13, 2024

Amid widespread demand for sustainability and low-cost debt, one asset type is leading the charge for Texas’ Commercial Property Assessed Clean Energy program.  Hospitality groups are increasingly turning to C-PACE to help finance new and existing projects, with half of loans administered by Lone Star PACE so far this year tied to hotels. Owners are […]