Lone Star PACE Administers $21.9M in C-PACE Funds for Princeton Multifamily Community
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Lone Star PACE Administers $21.9M in C-PACE Funds for Princeton Multifamily Community
Lone Star PACE, a leading administrator of Texas’ C-PACE programs, has facilitated $21.9 million in C-PACE financing for Ironwood at Princeton. This new Class-A multifamily community is planned for 599 W. Princeton Drive in the rapidly growing DFW suburb of Princeton, Texas. The 265,000-square-foot development will feature 306 units spread across 14 buildings at full…
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Lone Star PACE Facilitates $3.6M in C-PACE Financing for Denton Industrial Complex
Lone Star PACE the leading administrator of C-PACE financing in Texas helped facilitate a $3.6 million C-PACE assessment for a six-building industrial development in Denton. The 107,000-square-foot project will deliver modern, flexible industrial space to support the region’s continued population and business growth. The sponsor is leveraging C-PACE financing to fund the energy-efficient building envelope…
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Lone Star PACE Administers $23.5M C-PACE Assessment for Dallas-Area Multifamily Community
Lone Star PACE, the leading administrator of Commercial Property Assessed Clean Energy (C-PACE) financing in Texas, has facilitated a $23.5 million C-PACE transaction for Jefferson Ownsby, a new multifamily development coming to 317 E. Ownsby Parkway in Celina. The project is being developed by JPI, one of the nation’s largest multifamily developers, with C-PACE funding…
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Lone Star PACE Named Administrator for New C-PACE Program in Fate
Lone Star PACE, a leading administrator of C-PACE Texas, has been designated as program administrator for the City of Fate’s inaugural Commercial Property Assessed Clean Energy (C-PACE) program. The selection marks the latest milestone in furthering Texas’ sustainability and economic development goals by expanding access to low-cost, long-term financing for efficiency upgrades across the state. With…
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As Banks Re-Enter the Market, C-PACE Continues to Strengthen the Capital Stack
After nearly three years of volatility, the commercial real estate debt markets are finally showing signs of normalization. With interest rates easing, banks have returned to the market in force. According to Newmark’s Q3 capital markets report, bank lending on commercial real estate is up 85% year-over-year, reaching roughly $227 billion, a level that hasn’t…
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Big Capital, Bigger Flexibility: Inside PACE Equity’s New C-PACE Tool for Large Assets
In this episode of In Conversation with Lone Star PACE, PACE Equity EVP Ethan Elser joined us to discuss his firm’s new large-asset C-PACE financing solution, which offers a lower-cost, fixed-rate alternative to bridge loans, with flexible prepayment options and the ability to defer payments for up to four years. Ethan explained that it was…
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Lone Star PACE Administers $5.5 Million in C-PACE Financing to Recapitalize Las Colinas Office Tower
Lone Star PACE, a leading administrator of Texas’ C-PACE programs, facilitated $5.5 million in C-PACE financing for a 1.1-million-square-foot multi-tenant office tower located at 600 E. Las Colinas Blvd. In the Dallas-area suburb of Irving. The 22-story high-rise, situated in the heart of the Las Colinas Urban Center, underwent HVAC and automation controls upgrades in…
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Why C-PACE is Poised to Benefit from the Fed’s Interest Rate Cut
The Federal Reserve’s mid-September decision to reduce its benchmark interest rate by 25 basis points —to a range of 4.00–4.25% — marks the end of five straight pauses and signals a long-awaited shift in monetary policy. For commercial real estate, the cut offers something the market has sorely needed: a boost of confidence. After months…
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Lone Star PACE Administers $2.4 million in C-PACE Financing for Medical Office Renovations in Plano
Lone Star PACE, a leading administrator of Texas’ C-PACE programs, administered $2.4 million in C-PACE financing for a medical office building north of Dallas. The 57,000-square-foot Independence Medical Center, located at 5501 Independence Parkway in Plano, will undergo a series of renovations funded by C-PACE. Planned upgrades include a full HVAC replacement, modernized common areas,…
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Mark Zandi on the Economy: What Developers and Lenders Need to Know
In this episode of In Conversation with Lone Star PACE, Moody’s Chief Economist Mark Zandi shares his thoughts on recession risks, inflation and shifting capital markets. CRE experts Doug Prickett and Glenn Silva also join to discuss what this all means for developers, lenders and the role of innovative financing tools like C-PACE.