Pace Loan Group

march, 2024

Bali Kumar: PACENation Member Spotlight

Q. How long have you been in the PACE industry and what is your professional background, or route did you take to get here? What drew you to PACE?

I have been in the PACE industry since 2018, having served as a program administrator, and now as a lender. My background is a mixture of management consulting, law, and commercial real estate – and PACE is at the intersection of all three!

Q. Where does your company fit in the PACE market? What is your unique value?

Founded in 2017, PACE Loan Group is a national direct C-PACE lender. We are institutionally backed, without the institutional red tape.

 

Q. What is the best piece of advice you would give to someone new to PACE?

PACE is nuanced and differs on a state-by-state basis. It will take awhile to become an expert!

 

Q. What are you most excited about for the future of PACE?

We are in the early innings of PACE. As PACE becomes more understood in the market, and as ESG goals work their way to the forefront of the conversation, PACE will continue its exponential growth.

 

Q. What book would you recommend for 2024 reading?

I finally read Trevor Noah’s “Born A Crime” during my recent trip to Cape Town for Christmas and New Year! Great book – hilarious, but also very historically accurate.

 

Q. Favorite thing to watch (on TV, streaming)?

Just watched Golden Bachelor! It was actually really good!

 

Q. Which PACE industry colleague would you like to give a shout out to in acknowledgement for their work?

Todd Williams. He is ushering Lean & Green Michigan, and the MI PACE program, into the future with the new legislation that passed. This new legislation simplifies and expands the use of PACE for property owners in Michigan. And now he is rolling out this updated PACE program around the state!

 

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