Commercial real estate borrowers are increasingly looking at C-PACE financing to perform resiliency upgrades on their portfolios – and to fill the gap in capital stacks in a constrained lending environment.
Our ESG and C-PACE 2024 report explores the rapid rise of sustainable lending in North America.
Borrowers are increasingly turning to C-PACE as a sustainable financing solution, with cumulative investment breaking $5 billion in 2022, up from less than $2.5 billion two years earlier, according to industry group PACENation. Meanwhile, US lenders are establishing dedicated ESG teams and industry initiatives such are seeking to improve transparency and standardization across the market. Industry participants say further growth in green lending is on the way.
Click here to access our in-depth research of the real estate finance market
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