Polsinelli Facilitates Over $180 Million in PACE Financings and $235 Million in Securitizations for Leading C-PACE Capital Provider in 2024
Polsinelli is pleased to share a milestone year for its Commercial Property Assessed Clean Energy (C-PACE) financing work within the firm’s Real Estate Finance Practice, advising on groundbreaking transactions that advance sustainable development and economic growth.
In 2024, Polsinelli represented Peachtree Group, a direct lender providing permanent loans, bridge loans, mezzanine loans, C-PACE financings and preferred equity investments secured by various interests in commercial real estate. In partnership with Peachtree, Polsinelli originated numerous C-PACE financings across the country totaling more than $180 million and securitized more than $235 million. These transactions reflect both the client’s dedication to innovative financing solutions and the significant experience of Polsinelli’s Real Estate Finance Practice in navigating the complex legal and regulatory landscape of financing, including C-PACE.
“We are seeing C-PACE financings continue to grow as an additional tool in providing a favorable capital stack to our clients’ borrowers. Polsinelli is proud to partner with our clients as we lead the way in expanding C-PACE and supporting its focus on advancing renewable energy, energy efficiency, resiliency and other sustainability objectives nationwide,” said Graves of the firm’s 2024 efforts. “We are especially honored to work with clients like Peachtree in these efforts, and we look forward to further growth in the years to come.”
“At Peachtree Group, we are committed to delivering innovative financing solutions that help our sponsors optimize their capital stack,” said Jared Schlosser, EVP, Head of Hotel Originations and CPACE at Peachtree Group. “Our partnership with Polsinelli, combined with their expertise and dedication to navigating the complexities of C-PACE financing, has enabled us to better support our sponsors and expand our footprint nationwide. Together, we are driving significant progress in commercial real estate financing.”
Real Estate Finance Shareholder Daniel W. Graves led the Polsinelli team on these transactions.