July 21, 2025

As traditional banks have tightened their lending practices, securing commercial real estate financing has become increasingly difficult in recent years. This has pushed owners and developers to seek alternative capital sources to supplement their capital stacks. Enter C-PACE, a state-enabled lending program that allows owners and developers to finance low-cost, long-term, energy-efficient upgrades such as solar panels and HVAC systems through private capital providers by adding the repayment to the property’s tax bill. More