Aug 30, 2024
Multifamily property owners have grappled with a persistent set of challenges that have only intensified over the past two years. In addition to a slowdown in rental income and elevated interest rates, many have seen their operational expenses skyrocket to unprecedented levels. One simple way to control costs is by analyzing and tackling a property’s […]
Aug 22, 2024
In today’s tight capital environment, property owners are increasingly turning to alternative financing sources to fund new construction projects or refinance existing buildings. Commercial Property Assessed Clean Energy, or C-PACE financing, is a relatively untapped solution that can replace more expensive forms of debt and help reduce the weighted average cost of capital. Rising demand […]
Aug 9, 2024
When deciding what to pair with mortgage debt, developers may find themselves choosing between mezzanine financing and Commercial Property Assessed Clean Energy, or C-PACE, to reduce the weighted average cost of capital. C-PACE financing is an attractive alternative to a mezzanine loan because it reduces the project’s capital cost and offers longer-term solutions for a […]
Aug 1, 2024
Adoption of C-PACE financing within the commercial real estate capital stack is expected to increase in the coming months as capital providers embrace the program’s ability to modernize aging properties and boost values. As we enter the second half of 2024, CRE owners continue to grapple with elevated interest rates and a heightened cost of […]