Nuveen Green Capital has successfully closed on a $220 million C-PACE financing for 200 Park Avenue in San Jose, California, marking the second largest C-PACE transaction in the United States. This landmark deal highlights the growing adoption of C-PACE as a sustainable and flexible financing solution for commercial real estate development.
Lone Star PACE has helped arrange $3.5 million in C-PACE financing for the sustainable renovation of Meadow Park Tower in Dallas. The project will see the installation of energy-efficient components, leading to significant reductions in energy, water, and natural gas consumption. This investment underscores the growing trend of incorporating sustainable practices in commercial real estate.
Lone Star PACE, a leader in Texas’ Commercial Property Assessed Clean Energy (C-PACE) program, has secured $40 million in C-PACE financing for the revitalization of ViVa Center, a 2.3-million-square-foot technology hub in Houston. The project will transform the former Compaq Computer headquarters into a state-of-the-art data center, fueling the growth of AI and cloud computing.
