--- title: Recent Deals Point to Role of C-PACE description: A selection of CounterpointeSRE's recent transactions indicates the ever-increasing importance of PACE financing. image: https://blog.counterpointesre.com/hubfs/hubspot-crossroads-header---recent-deals.jpg --- (855) 431 4400 [Contact Us](https://counterpointesre.com/contact-us)   [![CSRE Header Logo](https://blog.counterpointesre.com/hs-fs/hubfs/CSRE%20Header%20Logo.png?width=327&name=CSRE%20Header%20Logo.png)](https://counterpointesre.com/)   - [About](https://counterpointesre.com/company-overview/) - [Bridge Mortgage](https://counterpointesre.com/bridge-loan/) - [Commercial PACE](https://counterpointesre.com/csre/about-pace-financing/) - [Transactions](https://counterpointesre.com/transactions/) - [Contact Us](https://counterpointesre.com/contact/)   [![GET A QUOTE](https://no-cache.hubspot.com/cta/default/4293815/2f34dd70-43b2-4d05-aeb9-1025a253aec3.png)](https://cta-redirect.hubspot.com/cta/redirect/4293815/2f34dd70-43b2-4d05-aeb9-1025a253aec3)    [![APPLY NOW](https://no-cache.hubspot.com/cta/default/4293815/537d754d-e929-4862-adaa-c5f03432e6d6.png)](https://cta-redirect.hubspot.com/cta/redirect/4293815/537d754d-e929-4862-adaa-c5f03432e6d6)    [![LOGIN](https://no-cache.hubspot.com/cta/default/4293815/853d848f-e229-4428-9f62-51961c7160b2.png)](https://cta-redirect.hubspot.com/cta/redirect/4293815/853d848f-e229-4428-9f62-51961c7160b2)      [![CSRE Header Logo](https://blog.counterpointesre.com/hs-fs/hubfs/CSRE%20Header%20Logo.png?width=327&name=CSRE%20Header%20Logo.png)](https://counterpointesre.com/)   - [About](https://counterpointesre.com/company-overview/) - [Bridge Mortgage](https://counterpointesre.com/bridge-loan/) - [Commercial PACE](https://counterpointesre.com/csre/about-pace-financing/) - [Transactions](https://counterpointesre.com/transactions/) - [Contact Us](https://counterpointesre.com/contact/)   [![GET A QUOTE](https://no-cache.hubspot.com/cta/default/4293815/2f34dd70-43b2-4d05-aeb9-1025a253aec3.png)](https://cta-redirect.hubspot.com/cta/redirect/4293815/2f34dd70-43b2-4d05-aeb9-1025a253aec3) [![APPLY NOW](https://no-cache.hubspot.com/cta/default/4293815/537d754d-e929-4862-adaa-c5f03432e6d6.png)](https://cta-redirect.hubspot.com/cta/redirect/4293815/537d754d-e929-4862-adaa-c5f03432e6d6) [![LOGIN](https://no-cache.hubspot.com/cta/default/4293815/853d848f-e229-4428-9f62-51961c7160b2.png)](https://cta-redirect.hubspot.com/cta/redirect/4293815/853d848f-e229-4428-9f62-51961c7160b2)      [![CSRE Header Logo](https://blog.counterpointesre.com/hs-fs/hubfs/CSRE%20Header%20Logo.png?width=327&name=CSRE%20Header%20Logo.png)](https://counterpointesre.com/)   - Menu - [About](https://counterpointesre.com/company-overview/) - [Bridge Mortgage](https://counterpointesre.com/bridge-loan/) - [Commercial PACE](https://counterpointesre.com/csre/about-pace-financing/) - [Transactions](https://counterpointesre.com/transactions/) - [Contact Us](https://counterpointesre.com/contact/) Adam Moskowitz on January 20, 2021 # Recent Deals Point to Role of C-PACE --- ![hubspot-crossroads-header---recent-deals](https://blog.counterpointesre.com/hs-fs/hubfs/hubspot-crossroads-header---recent-deals.jpg?width=1143&name=hubspot-crossroads-header---recent-deals.jpg) A selection of CounterpointeSRE's recent transactions indicates the ever-increasing importance of PACE financing. Explore these three examples which demonstrate the ability for PACE to:  - help owners complete construction projects that have been experiencing cost overruns in the age of COVID-19 - fuel new construction in industries of need, such as senior housing - retrofit existing buildings to achieve reduced carbon emission goals - enhance the impact of anticipated climate and economic recovery acts | ## $3.7 million **Near net-zero office retrofit Hanover, MD** --- | ## $13.7 million **Mid-construction mixed use multifamily San Diego, CA** --- | ## $2.8 million **New construction senior housing Houston, TX** --- | | --- | --- | --- | | PACE financing helps remove the economic hurdles to converting a 30+ year old office in MD to near net-zero by supporting a 65kW AC solar PV system, 500 KWH/125 KW Battery Energy Storage System (BESS), 400 KW of distributed generation, EV charging stations, a deep retrofit of the interior lighting and plug loads, high-efficiency motor replacements and new variable frequency drives. [(Read more)](https://md-pace.com/office-building-in-hanover-maryland-accesses-3-7-million-in-c-pace-financing-for-near-net-zero-energy-project/?utm_campaign=2020%20YE%20closings&utm_source=hs_email&utm_medium=email&_hsenc=p2ANqtz--G2Eig97C0VU9NYlMFDT3eCiS1jhLGQI3Nqq2tNPYtOEXeeLqWiVLpq5xi3JyysRxmG4A9) | This transaction boosted the developer's capital stack to nearly 75% LTV by deploying PACE financing as a midstream capital solution amid COVID disruptions. The closing supports the ongoing development of a 53-unit Class AAA luxury multifamily and retail project in Poway, California, a San Diego suburb. The project, commonly known as the “Poway Outpost,” is also supported by a $21 million construction loan.  [(Read more)](https://www.newswire.com/news/c-pace-capital-provider-counterpointe-sustainable-real-estate-closes-21248193?utm_campaign=2020%20YE%20closings&utm_source=hs_email&utm_medium=email&_hsenc=p2ANqtz--G2Eig97C0VU9NYlMFDT3eCiS1jhLGQI3Nqq2tNPYtOEXeeLqWiVLpq5xi3JyysRxmG4A9) | *“The PACE program funding from CounterpointeSRE aligns well with our goals for this development. We are bringing a project to life that will raise the standard of living for Houston seniors while incorporating energy efficiency, and because of that effort, we are able to use the program to enhance our capital position.”* -Nick Craig, Partner, StoneCreek  [(Read more)](https://www.newswire.com/news/counterpointesre-meets-need-for-new-construction-funding-with-2-8-21277475?utm_campaign=2020%20YE%20closings&utm_source=hs_email&utm_medium=email&_hsenc=p2ANqtz--G2Eig97C0VU9NYlMFDT3eCiS1jhLGQI3Nqq2tNPYtOEXeeLqWiVLpq5xi3JyysRxmG4A9) |   --- Follow us [![Twitter](https://blog.counterpointesre.com/hubfs/CounterpointeSRE_March2018%20Theme/Images/twitter.png)](https://twitter.com/CPSustainable) [![Linkdin](https://blog.counterpointesre.com/hubfs/CounterpointeSRE_March2018%20Theme/Images/linkedin.png)](https://www.linkedin.com/company/counterpointesre.com) Powered by![counterpointe only](https://blog.counterpointesre.com/hs-fs/hubfs/counterpointe%20only.png?width=231&height=50&name=counterpointe%20only.png)   [Privacy Policy](https://counterpointesre.com/privacy) | [Terms & Conditions](https://counterpointesre.com/terms) Copyright (©) 2024 Counterpointe Sustainable Advisors LLC. 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