Lone Star PACE Wins Awards for C-PACE Financing on Dallas Multifamily Project
Event summary
- Lone Star PACE received two industry awards for its role in the Jefferson Ownsby multifamily project in Celina, Texas.
- The project leveraged $5M–$50M in C-PACE financing to fund energy- and water-efficient building systems.
- C-PACE financing provided long-term, fixed-rate, non-recourse terms spanning 20–30 years.
- The awards highlight the growing adoption of C-PACE financing in commercial real estate.
The big picture
Lone Star PACE's awards underscore the strategic value of C-PACE financing in enhancing capital stacks for commercial real estate projects. The Jefferson Ownsby deal exemplifies how C-PACE can lower the cost of capital while advancing sustainability goals. As C-PACE gains traction, it is likely to become a more integral part of financing structures for high-performance building systems.
What we're watching
- Adoption Trends
- How the pace of C-PACE financing adoption will affect project feasibility in Texas.
- Capital Stack Dynamics
- Whether C-PACE can sustain its role as a flexible and accretive component of the capital stack.
- Regulatory Environment
- The impact of local government support on the growth of C-PACE programs.
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