Lone Star PACE, the foremost C-PACE administrator in Texas, alongside PACE Loan Group, a leading provider of C-PACE financing, closed an $11.6 million C-PACE transaction for Vesgro Data Center in Irving, Texas. The loan will be used to convert a vacant 113,406-square-foot industrial-flex property into a 3 MW colocation data center, delivering approximately 45,000 square…
Lone Star PACE, a leader of the Texas PACE program, is proud to announce it has been selected as administrator of Deaf Smith County’s newly established Commercial Property Assessed Clean Energy (C-PACE) program. Deaf Smith County Commissioners Court approved the creation of the county’s inaugural C-PACE program and named Lone Star PACE as administrator during…
Lone Star PACE, a leading administrator of Commercial Property Assessed Clean Energy (C-PACE) financing in Texas, won two prestigious industry awards recognizing its role in structuring and administering innovative financing solutions for commercial real estate. The firm was honored by nonprofit advocacy group PACENation with a 2026 PACESetter Award for Innovative Deal of the Year…
Lone Star PACE, the leading administrator of C-PACE financing in Texas facilitated the closing of a $11 million Commercial Property Assessed Clean Energy (C-PACE) transaction for the redevelopment of the MCM Elegante Hotel, located at 2355 I-10 in Beaumont. The project will transform the existing hotel into a 287-key, dual-branded Courtyard and Element Hotel by…
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…
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…
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…
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…
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…
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…