$3M for Columbus, NE Marriott, C-PACE gains momentum
PACE Loan Group
PLG is a leading direct C-PACE lender working nationwide to finance commercial and industrial real estate projects.
Dual-Brand Marriott in Columbus, Nebraska receives $3 million in C-PACE
"By leveraging the C-PACE financing, the borrower could elevate the efficiency standards in the construction and benefit from reduced operating costs in the future as well as the long-term maturity that comes from C-PACE loans,” said PLG VP of Originations, Parag Vipani.
C-PACE momentum shows no sign of slowing down
PLG Originator Ina Montejo explains that borrower, broker and lender interest in C-PACE financing has grown significantly.
"While education around its nuances remain imperative, C-PACE has gained recognition as an accretive solution for various challenges in the cap stack—including blending down the cost of capital and refinancing maturing debt."
PLG leads Michigan C-PACE with 21 closed loans
After the completion of three C-PACE financings in the last month, PACE Loan Group leads Michigan with the most C-PACE loans closed in the state with 21 completed loans.?
PLG Minneapolis team participates in local 5k!
A few of us from PLG's Minneapolis crew enjoyed a beautiful morning for a 5K! This is the second year that PLG partook in the Historic Riverfront 5K, which is a fundraiser for the city’s Saint Anthony West and Sheridan Neighborhood programs.?