Nuveen Green Capital Closes $173M C-PACE Loan on Miami-Area Condos Project

The continued strength of Commercial Property Assessed Clean Energy (C-PACE) debt as a construction financing tool has made a big splash in South Florida. Miami developer Shoma Group has landed a $172.5 million C-PACE loan from Nuveen Green Capital to develop its Shoma Bay mixed-use condominium waterfront project in North Bay Village, Fla., Commercial Observer […]