Financing a Landmark Conversion with Senior and C-PACE Capital
A Benchmarking
Buildings Case Study
Historic Multi-Family
A local developer worked with our Energy Advisors to finance the adaptive reuse of a historic department store into 109 apartments, 2 retail spaces, and 10 offices. We secured and structured $21.38MM in senior and C-PACE loans—covering 86.6% of the capital stack—and funded key improvements like roofing, insulation, and framing, enabling a high-performing, cash-flowing asset at stabilization.
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