C-PACE financing, traditionally used for new construction and renovations, is increasingly utilized for recapitalization up to three years post-completion, allowing property owners to replace costly financing. Offering non-recourse, fixed-rate terms with long amortization, C-PACE reached $9.7 billion in 2024. It provides low-cost, long-term capital that can coexist with other debt, aiding projects facing refinancing challenges amid market volatility, especially in hospitality and office sectors.
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