Polsinelli recently represented PACE Loan Group, a national leader in the commercial property assessed clean energy (C-PACE) marketplace providing direct financing to commercial property owners, in closing a $35 million C-PACE financing for a 300,000 sq. ft. studio complex in Chesterfield, Mo. The facility, Gateway Studios & Production Services, is geared towards the live events industry and will support rehearsal and production services for stadium and arena tours.

This marks Missouri’s largest C-PACE project financing to date. The development is set to employ more than 100 highly skilled music and film manufacturing and production professionals, and the property also includes a three-story office wing for executives and staff.

More information about this transaction can be found here.

“Daniel and the Polsinelli team are strong partners; they help ensure that we assess risk and underwrite appropriately and facilitate smooth closings. We appreciate their insights and support in helping us get unique deals like this over the finish line,” said Rafi Golberstein, CEO and founder of PACE Loan Group. Golberstein has been working with Polsinelli since 2015.

The Polsinelli team involved in this transaction was led by Shareholders Daniel W. Graves and Gabriel Yomi Dabiri. Additional support was provided by Shareholders Marcus G. Abbott and Chad E. Stoker.