CMBS World Warming Up to C-PACE as Financing Tool Goes Mainstream
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CMBS World Warming Up to C-PACE as Financing Tool Goes Mainstream
For years, Commercial Mortgage-Backed Securities (CMBS) lenders have approached C-PACE financing with caution — wary of its unique structure and senior lien status. But as the market matures and larger deals come online, that narrative is beginning to shift. Ongoing challenges with senior lender consent and rating agency acceptance means the jury is still out…