Founded in 2017, Pace Loan Group is a national, direct C-PACE lender that targets loans between $500,000 and $20 million. PLG focuses on originating PACE loans for adaptive re-use, gut renovations and new construction projects and specializes in complex capital structures. PLG works closely with borrowers and local PACE administrators to ensure a smooth transaction and timely close. PLG is headquartered in Minneapolis, MN.
PLG was formed by a group of finance and real estate professionals and is led by its co-founder and CEO, Rafi Golberstein. Mr. Golberstein is a commercial real estate finance veteran with over a decade of experience in CRE structured finance, loan origination and equity investments. Prior to co-founding PLG, Golberstein was a Managing Director at Ladder Capital, a publicly traded REIT, where he focused on CMBS origination, balance sheet and mezzanine loans as well as equity investments. Prior to Ladder, Mr. Golberstein worked at Gramercy Capital and Credit Suisse in its commercial real estate large loan group.