Dec 5, 2024
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 […]
Oct 25, 2024
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 […]
Sep 24, 2024
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 – […]
Sep 9, 2024
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 […]
Jul 25, 2024
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 […]
Jul 19, 2024
The value of sustainable buildings is well documented, with rental premiums of 6% and sales premiums of 7.6% across commercial properties. Companies are willing to pay more for energy-efficient buildings if they expect those upgrades will translate to lower operating costs. The problem today is that finding those types of properties has become increasingly difficult. […]
Jun 25, 2024
PACE issuance got off to a strong start in 2024 as property owners looked to offset a lack of available bank debt with alternative financing solutions. PACE asset-backed securities volume totaled about $362 million through June 7, according to a new report from Morningstar DBRS. The robust volume comes on the heels of a record-setting […]
Jun 13, 2024
Amid widespread demand for sustainability and low-cost debt, one asset type is leading the charge for Texas’ Commercial Property Assessed Clean Energy program. Hospitality groups are increasingly turning to C-PACE to help finance new and existing projects, with half of loans administered by Lone Star PACE so far this year tied to hotels. Owners are […]
Jan 9, 2024
To provide services for guests, hotel properties are prone to consuming a high volume of energy and water. Heating, cooling, lighting, laundry, irrigation, and operating swimming pools are just some of the activities that drive usage. Just how much? A recent report from the Urban Land Institute reveals that hotels are among the highest energy […]
Sep 16, 2023
According to data from the Department of Energy, there are nearly 6 million commercial properties in the U.S., utilizing 97 billion square feet of floor space. Collectively, this sector spends $190 billion on energy, creating an opportunity for businesses to improve efficiency and reduce costs around heating, cooling, lighting, and water. For mixed use property owners […]