Brief
Petros PACE Finance Winding Down: Sources
A trailblazer in the growth of Commercial Property Assessed Clean Energy (C-PACE) lending is powering down. Petros PACE Finance, which originated New York City’s first C-PACE deal in 2021, has halted
Summary
A trailblazer in the growth of Commercial Property Assessed Clean Energy (C-PACE) lending is powering down.
Petros PACE Finance, which originated New York City’s first C-PACE deal in 2021, has halted its roughly $2 billion loan portfolio with term sheets for new deals suspended since early April, sources told Commercial Observer.
The Austin, Texas-based lender, […]
Source
- Commercial Observercommercialobserver.com
