Registered Capital Providers
Firms interested in participating as a C-PACE Capital Provider in Pennsylvania must register as a statewide C-PACE Capital Provider through the Sustainable Energy Fund.
Upon application approval, the Capital Provider will be added to the list of qualified Capital Providers, which may then be posted on state or municipal C-PACE website(s) for marketing purposes.
Abacus Property Solutions, LLC
Contact: Ed Brown, Senior Director
Abacus is a project developer based in VA with an office in PA. With K2, our West Coast partners, we have facilitated the financing of >$excess of $30MM.
Contact: Anne Hill, SVP of Bayview Asset Management
Bayview PACE is a division of Silver Hill Funding, LLC. Silver Hill Funding, LLC has been in business for over five (5) years. Marnie Adams manages the C-PACE transactions for Bayview and has been with the firm for 3 years. Bayview PACE is a new division and has not yet funded any C-PACE assets. On an annual basis, Bayview PACE would provide over $100M to the PA C-PACE market.
CastleGreen Finance, LLC
Contact: Sal Tarsia, Managing Partner
CastleGreen’s leadership team has an average of over 25 years of commercial real estate finance experience and approximately 4 years of C-PACE experience in origination, underwriting, closing and asset management providing a team of knowledgeable professionals. We were instrumental in originating and asset managing approximately $200mm of PACE transactions over the last 4 years. With a solid capital base, we are well positioned to close substantially more in the near future.
CCG PACE Funding, LLC
Contact: Paul Hoffman, Managing Director
Stakeholders reach out to CCG PACE Funding when they are looking for a flexible, customized approach to financing larger-scale, complex transactions with a C-PACE credit facility. Since 1994, CCG and its affiliated entities have provided more than $1.6B of debt and equity to transaction partners that have developed commercial real estate projects that have incorporated C-PACE, affordable, historic, new markets and energy tax credits as well as classic debt facilities in their financing stacks. The CCG team approaches each deal as a unique financing and offers its breadth of experience as we help to facilitate each closing. CCG operates throughout the country and can offer C-PACE solutions in any open-market C-PACE Program territory.
Contact: Manny Valido, Managing Director
CleanFund is the leading provider of long-term financing for energy efficiency, water conservation, renewable energy and seismic improvements for commercial, multifamily and other nonresidential properties in the U.S.
Commercial PACE Finance
Contact: Stephen Bevilacqua, Vice President
Commercial PACE Finance is a capital provider and originator of Commercial Property Assessed Clean Energy (C-PACE) assessments. As a dynamic, fast – moving company with a strong background in funding and flexible access to capital, Commercial PACE Finance is uniquely positioned to help you seize the opportunities presented by C-PACE.
Contact: Eric Alini, Chief Executive Officer
Counterpointe Sustainable Real Estate (CounterpointeSRE) is a leading commercial real estate finance provider specializing in sustainable infrastructure improvements through PACE financing. Counterpointe Energy Solutions together with its subsidiaries including CounterpointeSRE is engaged in implementing, funding, managing and administering PACE programs and is a program administrator in Chicago, California and Florida.
C‐PACE Capital Group
Stephen Arrivello, Founder & CEO
C-PACE Capital Group is uniquely positioned to introduce all stakeholders to the benefits of C-PACE, structure the capital stack to include C-PACE and work through lender education and consent issues.
CREA Group ICPACE Capital
Contact: Jerry Castafero, Managing Partner
CREA Group is an East Coast based commercial real estate financing firm since 2000 with expertise in C‐PACE, debt and equity sourcing.
Dividend Finance, LLC
Contact: Peter Grabell, Senior Vice President
Dividend’s C‐PACE experience goes back almost a decade when we became a capital provider and program administrator to the Figtree PACE program in California. We closed our first PACE projects in 2011, and have financed a wide range of energy efficiency and renewable energy projects across the country. Our team has diverse experience in commercial banking, real estate finance, and renewable energy.
Contact: Marcelo Rouco, CEO, Founder & Chairman
Ecosave is a clean energy and energy efficiency project financier with extensive experience in crafting off‐balance sheet funding solutions for our clients. Ecosave’s financing team complements our full service energy efficiency and distributed generation project development engineers located in our offices Philadelphia, New York City, Sydney, and NZ offices. Ecosave has funded over $30M ESA contracts since 2014 and is looking to expand into the C‐PACE field.
ENHANCED PACE Finance LLC
Contact: Ian McCulley
Enhanced Capital is a diversified, national asset manager that invests capital into small businesses, renewable energy projects, historic real estate rehabilitation and affordable housing projects through federal and state incentive programs and other public policy investment strategies. We create customized solutions for tax credit and mission-focused investors based on their investment needs, including CRA requirements, geographic footprint of investments, and investment product type.
Contact: David Kelly, Director, Head of Sales, C-PACE Lending
Forbright Bank, Member FDIC, is a full-service bank, commercial lender, and asset manager headquartered in Chevy Chase, Maryland, that is committed to accelerating the transition to a sustainable, clean energy economy by financing the companies, investors, and innovators driving that change. With over $4.5 billion of owned and managed assets, the Bank provides specialty lending and banking service to clients across the United States.
Grantchester C Change
Contact: Nathan White, CFO
Under the Grantchester Group platform, Grantchester C Change (GCC) is an ESG investment firm that focuses on impact and sustainability investments, including carbon free EV and energy storage/technology. Sustainability business focused on Energy Conservation Projects.
Greenrock Healthcare Capital, LLC
Contact: Chris Robbins, Managing Principal
GreenRock provides PACE financing for healthcare real estate. Their solutions allow real estate owners and users to access more efficient capital, create healthier building environments for occupants and meet ESG goals.
Inland Green Capital LLC
Contact: AnnaMaria Kowalik, SVP, Director Business Development
Inland Green Capital has been an active investor in PACE programs since 2012, and has invested in commercial and residential projects under twelve separate PACE program administrators, and growing. We are active in the C‐PACE Alliance, and a member of the PACENation industry organization.
Imperial Ridge Real Estate Capital
Contact: Kevin Morse, Managing Director
Imperial Ridge Real Estate Capital is a leading provider of Property Assessed Clean Energy (“PACE”) financing for commercial real estate. Our professionals take an innovative, scalable approach to providing clients and partners with a reliable source of accretive capital. Through the strong economics of PACE, we strive to optimize commercial real estate assets while positively impacting profit, people,
and the planet.
IKAV PACE LLC
Contact: Bjorn Kahl, CEO
Launched in 2011, IKAV is a Delaware limited liability company formed for the sole purpose of originating, otherwise acquiring and owning C-PACE loans for the benefit of IKAV’s institutional investor clientele. In 2017, IKAV entered the development and management of energy efficiency projects.
JP Morgan Chase Bank, “National Association”
Contact: Simon Burce
JP Morgan’s investment bank commercial real estate lending group originates structured transitional and situational commercial real estate loans, as well as stabilized loans originated for distribution via the firm’s market lending CMBS Business. In 2021 JP Morgan announced a Sustainable Development Target of more than $2.5 trillion over 10 years to advance long-term solutions, such as C-PACE, that address climate change and contribute to sustainable development.
Lieef Real Estate Energy Partners, LLC
Contact: Caleb Stokes
Lieef Real Estate Energy Partners, LLC (“Lieef Sustainable Credit”) is a newly formed division of Lieef, LLC (“Lieef”), a sustainable investment platform. Lieef Sustainable Credit principals have completed over $125M in C-Pace transactions across multiple states and municipalities. Lieef’s founder has also executed over $1.5Bn of renewable energy private equity investments in North America, Latin America, and Asia. Lieef Sustainable Credit is committed to providing Pennsylvania C-PACE borrowers with best-in-class pricing and structures to promote development that is sustainable both environmentally and financially.
Live Oak Banking Company
Contact: Derek Welsh, VP
Live Oak Bank was founded in 2008 as a small business lender. Since it’s inception it’s been the #1 SBA lender for the past 3 years and the #1 USDA lender for the past 2 years. Live Oak is committed to America’s small businesses and energy development
throughout the county.
Contact: PACE Coordinator
LordCap PACE finances energy, water, and safety improvements to commercial properties. Capital is available for both retrofit and new construction projects. The firm operates in more than 20 states, creating and documenting the connection between finance and sustainability.
North Bridge ESG LLC
Contact: Laura Rapaport
North Bridge was founded in 2020 by real estate industry veteran, Laura Y. Rapaport, to create opportunities at the intersection of ESG and commercial real estate. North Bridge is currently solely focused on C-PACE originations. Since inception, North Bridge has signed term sheets for over $350M of C-PACE transactions across the country. The firm successfully completed a $19.5M retroactive assessment on a hospitality property in Utah in February 2021.
Contact: Laura Rapaport
Northpointe Bank offers innovative and high value banking products nationwide, including custom-tailored home loans and deposit savings rates that are among the best rates in America. For nine years, Independent Community Bankers of America has ranked Northpointe Bank as a top-performing bank in the nation out of approximately 5,000 ICBA member banks. Northpointe also earned the number eight best performing bank in the nation according to S&P Global Market Intelligence rankings for 2020.
Nuveen Green Capital
Contact: Shelah Wallace, Director, PA/NJ/DE Originations
Nuveen Green Capital is a national leader in sustainable commercial real estate financing solutions and an affiliate of Nuveen, the $1.2T asset manager and wholly owned subsidiary of TIAA. The company, which was established by the C-PACE industry’s founders and standard-setters, has grown to offer a market-leading suite of accretive financing products for commercial real estate owners who seek to improve the energy, water and resiliency performance of their property. Nuveen Green Capital is a private capital provider dedicated to making sustainability a smart financial decision for the commercial real estate market and community.
Contact: Kevin Wosko, Managing Director
PACE Equity is the leading PACE funder of commercial real estate development projects in the U.S. PACE Equity is a resourceful addition to the capital stack to boost return on investment while making commercial buildings more sustainable through clean energy efficiencies. PACE Equity has unmatched expertise utilizing PACE in complex and innovative ways, having pioneered the use of PACE funding for projects in new construction, Opportunity Zones, historic and new markets tax credits, brownfield and those receiving a TIF. PACE Equity has a local presence in 20+ markets and can fund projects on a national basis.
PACE Capital Group
Contact: Jason Schwartzberg, President
To date, Pace Capital Group has served as a project developer for six projects representing over $23 M of C-PACE financing in the state of Maryland. Pace Capital Group has another $45M of C-PACE transactions that will close by the second quarter of 2022 in Maryland, California, and Connecticut. Pace Capital Group has partnered with a federally chartered savings bank to fund niche C-PACE transactions.
PACE Loan Group
Contact: Bali Kumar, COO
PACE Loan Group (PLG) is a national direct balance sheet PACE lender. PLG’s team has over 100 years of commercial real estate experience – the PLG team is a group of expert, veteran PACE/CRE lending problem solvers that can lead you efficiently from quote to close.
Contact: Jamey Noland, Chief Investment Officer
PenTrust is a real estate investment advisor focused on construction and rehabilitation projects since 1987. We focus on deploying local capital in local developments and have been involved in projects across all property types and most financial structures.
Petros PACE Finance
Contact: Tommy Deavenport, Chief Operating Officer
Petros PACE Finance, LLC is a national leader in the C‐PACE marketplace, dedicated solely to providing long‐term C‐PACE financing to commercial property owners seeking to lower energy costs, reduce their carbon footprint and increase property values. The leadership team has decades of executive‐level experience in commercial lending and structured finance, with direct long‐term institutional investor relationships. With billions in committed capital, Petros is able to close transactions in eligible C‐PACE markets nationwide
Poppy PACE Lending, Inc.
Contact: Matt Mustaro, SVP – C-PACE Relationship Manager
Poppy Bank is pleased to offer C-PACE financing for energy-efficient and renewable energy projects. We work with building owners, developers, and investors to provide the best solutions for energy-efficient and environmentally sustainable building enhancements that can bring more liquidity, improve cash flow, reduce energy consumption and promote job generation.
Contact: Nancy Wagner, Managing Director, Lending & Investments
Reinvestment Fund is a Philadelphia-based financial institution with a focus on delivering financial services to underserved communities. Reinvestment Fund has a niche in working with non-profit, social service, real estate, healthcare, education and other entities. While these have been historical counterparties, Reinvestment Fund has also provided financing to a wide range of other third parties.
Rockwood Management Company
Contact: Gene Quarells, Principal
Rockwood functions as the Administrator in St. Louis City, County and in New Madrid MO. PACE was adopted in 2010, so we’re experienced and flexible, challenging traditional “in the box” PACE funders. We can also utilize our solutions based strategic investment arm to provide capital to innovative entrepreneurs, developers, and businesses with our specialized funding solutions. Our range of services includes public/private partnerships, tax credit funded projects, and other capital structures.
Contact: Allie Neary, Director of Business Development
Stonehill PACE (Stonehill) is a division of Stonehill Strategic Capital and Peachtree Hotel Group. Stonehill is a balance sheet PACE Lender and Administrator that works with commercial property owners and developers looking for a cost-effective solution for construction financing. Through our Commercial PACE program, Stonehill provides low cost, fixed rate, non-recourse funding for all commercial property types.
Twain Financial Partners
Contact: Tim Finiki, Vice President
Twain Financial Partners, an investment management firm and active C‐PACE lender with more than $4 billion in assets under management within the public‐private partnership sector. Twain specializes in C‐PACE financing, state and federal historic tax credit investments, and state low‐income housing tax credit investments. Twain works closely with financial institutions, corporations and high‐net worth individuals to structure and manage investments that offer both attractive economic return and social benefits.
Contact: Vito Gallo, Principal
A firm that can understand and assist with your complex legislative, policy, regulatory and contract needs, while also representing your organization and communicating your mission, values, structure, and regulatory compliance to legislators.
White Oak Global Advisors, LLC
Contact: Jeff Habicht, Director of PACE
Founded in 2007, White Oak Global Advisors, LLC is an SEC-registered investment advisor and private credit firm that provides small and middle market businesses with term loans, asset-based loans, invoice factoring, trade finance, equipment financing and treasury management. With over $8 billion of capital deployed since inception across over 500 companies throughout the U.S., Canada, and Europe, we understand the unique challenges facing small and middle market businesses and we offer a full suite of flexible lending products and services to meet all of your commercial requirements.