July 2024: Bipartisan Interest Fuels Widespread Adoption of C-PACE Financing Laws

July 2024: Bipartisan Interest Fuels Widespread Adoption of C-PACE Financing Laws

Bipartisan Interest Fuels Widespread Adoption of C-PACE Financing Laws

“The higher interest rate environment has forced owners, developers and mortgage brokers to be open to alternative forms of capital," said CEO Rafi Golberstein when discussing C-PACE's momentum.

"PACE has gone from being an esoteric asset class to a tool that is much more understood throughout the capital markets,” Rafi explained.

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Minnesota Senior Living development completes capital stack with $7.1M C-PACE loan

PLG provided $7.1M in C-PACE financing to Vista Prairie Senior Living, a new construction project in St. Francis, to fill out the property's $38M capital stack.

“The collaboration and commitment of our partners have been instrumental in bringing this vision to life. Together, we are creating a vibrant and supportive environment where seniors can thrive,” said Vista Prairie CEO and President Jim Bettendorf.

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Recent C-PACE Program Updates

North Carolina statewide C-PACE program establishment bill signed into law

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