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…
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,…
In this episode of In Conversation with Lone Star PACE, Beau Engman of PACE Equity breaks down his company’s CIRRUS Low Carbon program, which provides access to a decreased cost of capital when developers build or renovate with a lower-carbon design. “Most developers build what they can optimize from the upfront economics,” Engman told Lone…
The amount of available C-PACE financing reached new heights last month after Aquarian Holdings acquired a majority stake in PACE Equity, one of the industry’s foremost C-PACE capital providers. In this episode of our web series In Conversation with Lone Star PACE, PACE Equity President and founder Beau Engman stops by to unpack the significance…