October 23, 2025

Fast 50: PACE Loan Group returns to The List

MSP Business Journal, dan iverson

PACE Loan Group returns to The List of fastest-growing private companies in the Twin Cities thanks to revenue growth of 172.94% from 2022 to 2024. The company, a C-PACE lender for commercial and industrial real estate projects, reported its revenue topped $31.6 million last year.

More on PACE Loan Group from CEO Rafi Golberstein:

How is AI affecting your business? PLG has been heavily leaning into AI for over a year. We see tremendous opportunity to expand our business development network and general C-PACE education through various AI-enabled tools.

How has U.S. tariff policy this year affected your business? U.S. tariff policy has mostly resulted in market instability. PLG tends to thrive in those environments, as we provide our clients with stable and proven loan execution when more conventional lenders are constantly changing their minds and credit boxes.

Where do you want your company to be five years from now? We expect to more than double our headcount and have several billion of C-PACE assets under management.