Home C-PACE
C-PACE
The funding will be used alongside $148m in financing from Farallon Capital Management to build a pair of film production assets.
The funding will be used by North Development alongside a $40m loan from Core Capital to build the 35-story Domus Brickell Center residential tower.
Nuveen Green Capital issued its largest-ever C-PACE debt this week via a $290m mid-construction loan for a Tampa mixed hotel and residential development.
The category record financing will be paired with a $230m loan from Sculptor to fund Two Roads’ development of the Pendry Hotel & Residences in the Florida city.
The Nuveen affiliate has expanded its stateside and international investor base as the financing niche finds steadier mainstream usage.
The financing arrives mid-construction for Southern Land Company’s luxury multifamily project Capella in the city’s Symphony Park neighborhood.
The capital will be paired with a $41.1m senior loan from Hall Structured Finance to develop Uphoff Ventures’ 208-room Dellshire Resort.
The transaction is expected to close April 9 and is a positive notch toward further institutionalization for the niche financing category.
On The PERE Podcast, Randy Plavajka, Guelda Voien and Lucy Scott discuss the evolution of the green financing mechanism and the industry's attitudes toward decarbonization.
Nuveen Green Capital’s Jessica Bailey talks about the potential runway for the niche financing strategy.










