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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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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Using C-PACE for Deferred Maintenance Upgrades
Deferred maintenance is more than a line item on a budget — it’s a silent profit drain. Aging HVAC systems, outdated plumbing, inefficient lighting and deteriorating building envelopes can all lead to rising utility bills, frequent repair calls and declining tenant satisfaction. The longer these problems go unaddressed, the more expensive they become, both in…
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How a $1B Investment into PACE Equity Stands to Grow the C-PACE Market
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…
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C-PACE Financing Can Help Recapitalize Maturing Debt
The much-discussed wall of maturing loans is closing in, expanding the pool of borrowers looking to refinance and paving the way for a potential boost in demand for C-PACE financing. A new report by Moody’s found that a growing segment of commercial real estate loans have been modified as borrowers grapple with interest rate cuts…
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Powering Texas’ Data Center Boom: How C-PACE Financing is Fueling the Future
Demand for data centers has never been stronger in Texas, where abundant land and cost-effective power have positioned regions like Dallas-Fort Worth to rival Northern Virginia as the nation’s epicenter for leasing and development. Data center leasing reached record levels in DFW in 2023, with 530 megawatts absorbed over the course of the year –…
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Understanding the Role of Program Administrator in Texas C-PACE Financing
The Texas PACE Act, signed into legislation in 2013, requires oversight and administration of Commercial Property Assessed Clean Energy (C-PACE) programs established by cities and counties. Despite the critical role played by a program administrator in ensuring an effective and successful project, there tends to be confusion around the role companies like Lone Star PACE…
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Using C-PACE to Protect the Texas Power Grid
Triple-digit temperatures have once again arrived in Texas, putting immense strain on the state’s power grid as homes and businesses crank the A/C. The summer heat comes as thousands of new residents move into the state. Historic population growth, combined with the rise of artificial intelligence, cloud computing and bitcoin mining, are pushing demand for…