Big Capital, Bigger Flexibility: Inside PACE Equity’s New C-PACE Tool for Large Assets
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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 Aging HVAC systems, outdated plumbing, inefficient lighting and deteriorating building envelopes can all lead to rising utility bills, frequent repair calls and declining tenant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…
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Sharpening Your Building’s Competitive Edge With C-PACE
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.…
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2024 Expected to be Another Record-Setting Year for PACE
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…
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Hotels Are Harnessing the Power of PACE to Meet Sustainability Goals
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…