March 12, 2024
C-PACE expert Robbie Pinkas Joins PACE Loan Group in New York City
Minneapolis, Minnesota (March 12, 2024) – Robbie Pinkas, a C-PACE industry leader, joins PACE Loan Group today as Senior Vice President/Originator. He comes from North Bridge, a New York City-based PACE lender, where he spent three years directing transaction execution and program authority relationships.
PLG plans to open a NYC office this spring, where Pinkas will be joined by two more team members focused on originations. NYC currently allows C-PACE for renovations, with an up to 30-year payback and three-year look-back for construction costs.
“We’re incredibly excited to have him join the team – he’s not only talented and understands our industry, but he will also be a great culture fit,” said Rafi Golberstein, chief executive officer and founder of PACE Loan Group.
Prior to his role at North Bridge, Pinkas worked for The Collective, a start-up based in London that developed co-living communities; Douglaston Development, where he managed multifamily projects; Google, where he was on the sales strategy and operations team; and Gryphon Investors, where he worked as a private equity associate. Pinkas holds a bachelor’s degree, with honors, from Harvard University.
“I’m thrilled to be joining such a dynamic team and excited to open an office in NYC, a city I love and that is on track to become an important PACE market,” said Pinkas.
PLG now includes 19 employees in four offices – the Minneapolis headquarters, Chicago, San Diego, and NYC. The leading direct C-PACE lender has completed more than 160 C-PACE loans across 39 states with institutional backing from AB CarVal, a subsidiary of Alliance Bernstein.
About PACE Loan Group
PACE Loan Group (PLG) is a national leader in the C-PACE marketplace, providing direct C-PACE financing to commercial property owners. PLG benefits from institutional support with capital from funds managed by AB CarVal, a subsidiary of Alliance Bernstein. The PLG team provides expertise up and down the capital stack, from origination and underwriting to loan servicing. To learn more about PLG, visit www.paceloangroup.com.
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