Unpacking Nuveen Green Capital and CDPQ’s Game-Changing C-PACE Financing Program

Nov 1, 2024

The C-PACE market is getting a $600M boost thanks to a new integrated financing program aimed at advancing sustainability in commercial real estate.  Earlier this month, Nuveen Green Capital and global investment firm CDPQ announced they would join forces to offer a one-stop shop for Commercial Property Assessed Clean Energy financing.   The first-of-its-kind program supports cost-effective […]

Texas power lines

How Texas Property Owners Can Maximize Energy Savings by Pairing C-PACE Financing with TNMP’s Commercial Solutions Program

Oct 18, 2024

As the single-largest operating expense for many commercial buildings, finding ways to curb energy consumption should be top-of-mind for most property owners. In Texas, plenty of financial incentives exist that make the incorporation of energy efficiency more manageable.  One incentive available to thousands of Texas property owners is the Commercial Solutions program offered by Texas […]

Pairing 179D with C-PACE can Supercharge Investments in Energy Efficiency  

Oct 4, 2024

A nearly 20-year-old tax deduction for sustainable building practices is seeing a new wave of demand following federal action to expand the incentive.  First codified in 2006, the Energy-Efficient Commercial Building Property Deduction, known colloquially as the 179D, acts as an accelerated depreciation deduction for energy-efficient upgrades, such as improved HVAC, lighting and building envelope […]

6 Reasons Why Senior Lenders Should Consent to C-PACE Financing 

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 […]

Using C-PACE Financing in Place of More Expensive Mezzanine Debt 

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 […]

C-PACE Gains Growing Relevance in CRE Capital Stack

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 […]