Stretch PACE: Redefining Structured Credit in Commercial Real Estate
The evolution of C-PACE from 35% LTV into a 55–65% LTC structured credit solution. Stretch PACE: The Next Frontier for CRE Lending As liquidity tightens across the CRE credit spectrum, the market is quietly witnessing the emergence of a new hybrid: Stretch PACE, a structure combining the long-duration, fixed-rate security of senior C-PACE with a […]
CRE Headwinds and City Budgets, Why C-PACE Capital Matters Now
Office values are resetting and municipal tax bases are under strain. Learn how C-PACE financing funds office to residential conversions and deep energy upgrades that lift NOI, support assessed values, and stabilize city revenues.
The Strategic Edge: Why C-PACE Is Gaining Ground Amid Capital Markets Dislocation
When the capital markets crack, smart capital structures don’t. We’re in an environment where traditional lending sources have tightened, equity is expensive, and developers are left reevaluating how to bridge the growing gap between cost and capitalization. In this moment, C-PACE isn’t just a tool; it’s a strategic solution. At Clearwater, we’ve seen firsthand how […]
Texas C-PACE Just Got a Major Upgrade: Higher LTV, More Flexibility, and Stronger Standards
Texas C-PACE Program Expands LTV Cap and Financing Flexibility Texas has strengthened its C-PACE framework, delivering greater capital access for property owners, developers, and lenders while preserving the program’s energy and water conservation integrity. Keeping PACE in Texas, the state’s C-PACE standards body, has approved significant enhancements to the PACE in a Box program, aligning […]
Live from New York City, it’s C-PACE
Key Takeaways for NYC’s C-PACE Program Guidelines C-PACE loans are capped at 30% of the total construction costs, excluding land or property acquisition costs. There is no required Savings-to-Investment (SIR) ratio for projects involving new construction or comprehensive rehabilitation. The loan term under C-PACE financing has no specified limit. Projects must qualify as “Low […]
North Carolina Passes C-PACE Legislation
North Carolina’s Gov. Roy Cooper Passes C-PACE into Law This week, Gov. Roy Cooper signed the creation of the Commercial Property Assessed Clean Energy (C-PACE) program into law. Local governments would voluntarily participate in the program, thereby allowing commercial property owners within their jurisdiction to borrow from an approved set of lenders to make energy-efficiency […]