C-PACE Learning Center

With conference season in full swing, the PLG originations team wanted to share some takeaways from two of CRE’s biggest events, NMHC and MBA CREF.

From closing the largest C-PACE financing and loan deal in Missouri and the first deal in New Jersey, to hiring four new originators in Dallas and San Francisco, 2025 was a year of expansion for PACE Loan Group that set up a springboard for 2026.

Why did you decide to go into real estate? "After leaving Google in 2015, I started a job search premised on a new question: what do I like to think about? Strangely, I hadn't ever thought about work through that lens, but the answer was obvious: real estate."

Our member spotlight this month features Angela Ledding from PACE Loan Group. Angela was recently recognized as one of Finance & Commerce's 2025 honorees for Top Women in Finance.

Discover how C-PACE financing and PACE Loan Group solutions help commercial lenders reduce risk, fund building improvements, and unlock energy savings.

One thing was top of mind for every broker and lender attending last week’s Western States CREF conference in Las Vegas: Refinancing. “Development is tough right now due to lack of equity and stale rents,” PLG originator Matthew McCormack said after attending the conference alongside fellow originators Ina Montejo, Emily Ramey, and Ron Adachi.

Discover how C-PACE loans help lenders complete capital stacks, reduce risk, and fund projects faster with CPACE lending and financing solutions.

PACE Loan Group’s rise on the Inc 5000 & Fast 50 highlights our leadership in pace lending. Discover how C-PACE lending is reshaping CRE.

Meet the team behind PACE Loan Group (PLG), a Commercial Property Assessed Clean Energy (C-PACE) lender changing the way new construction, redevelopments, and recapitalizations are financed across the U.S. In this behind-the-scenes brand story, discover how PLG is redefining commercial real estate lending through C-PACE financing. Learn how C-PACE loans offer fast, transparent solutions.

Why did you decide to go into real estate? "My Dad is an investor, and spent part of his career as a commercial sales broker. He exposed me to the business at a young age. His guidance and experiences led me to where I am today. A lot of the things I’ve done in my career stemmed from spitballing ideas with Dad over a cold beer."

There's no better way to end the month than to have everyone gather in the same office! During the last week of February, the entire team met at PLG's headquarters for our annual winter team meeting, where we participated in a semi-friendly game show, held department meetings, hosted our biannual pitch competition, and other events that allowed everyone to exchange ideas and bond.

C-PACE financing is picking up serious momentum across the country, with over 40 active states that continue to expand their programs, and more looking to join throughout the rest of the year. In 2024 alone, Hawaii and New Jersey's programs became active, and Georgia expanded their program to the entire state.

PLG originators Robbie Pinkas, Matthew McCormack, Jerry Ellis, and VP of Capital Markets Eizaan Khan attended this year’s CRE Finance Council (CREFC) January meeting in Miami, where lenders and brokers from across the U.S. met to discuss attitudes and development outlook for the new year.

According to research from the industry trade group PACENation, over 100 C-PACE loans of $10M or more have originated since 2017.

C-PACE financing can act as a participant or A-Note, filling in the financing gap when a bank’s credit envelope restricts their lending limit.

Three of PACE Loan Group’s originators attended last week’s Western States Commercial Real Estate Finance conference, which always provides a leading indicator for YE transaction volume and a first look toward the next year.

New York City's long-awaited new construction guidelines have finally been released. These new guidelines bring about promising changes to NYC C-PACE.

As banks continue to scale down on lending amidst tighter LTC constraints and reduced deposits, owners and developers are turning towards nonbank lenders to get creative with their capital.

Are you struggling to secure sufficient funds for your projects as construction costs escalate and loans approach maturity? Learn more about C-PACE financing.

As LL97 standards increase in NYC, PLG is here to help building owners complete their capital stacks. Contact PLG’s NYC-based originations team today.

C-PACE loans offer several unique benefits for commercial real estate owners looking to fund energy efficiency and renewable energy improvements.

As C-PACE financing continues to evolve and gain traction, one topic remains at the forefront of every transaction: Lender Consent.

New Jersey may not be seen as a commercial real estate frontier, but PACE Loan Group (PLG) is poised to help developers break new ground with C-PACE financing.

C-PACE is no longer thought of exclusively as a way to increase leverage. We’re seeing C-PACE financing used as a replacement for what would otherwise be senior debt.

At REjournals Award Ceremony, the Real People of PACE Loan Group were highlighted as CEO Rafi Golberstein and Managing Director – Underwriting Angela Ledding received three awards for their accomplishments and leadership in commercial real estate.

Learn more about Bali Kumar: Since 2018, he's been immersed in the PACE industry, starting as a program administrator and now serving as a lender.

To make NYC’s C-PACE program more user-friendly, NYSERDA and NYCEEC must release new construction guidelines as soon as possible.

Adaptive reuse is an important sustainability strategy and has become especially relevant given the post-pandemic office market.

PLG’s originations team traveled across the country in January and February to attend three important industry events: MBA-CREF, NMHC, and ALIC. Learn more about it.

With the current economic uncertainty and resulting pull back on mortgage lending, CRE developers and owners are seeking out alternative sources of financing for their properties. In these circumstances, C-PACE fills in those capital stack gaps, adding leverage and substituting more expansive mortgage debt.

Commercial Property Assessed Clean Energy (C-PACE) financing helps offset renovation and retrofit challenges by covering the cost of the building upgrades that breathe life back into an older building.

Facing current economic/market challenges of inflationary concerns with rising costs and rising rates caused mostly by supply chain issues have many CRE developers/sponsors in “unchartered territory.”

Owners, sponsors, and developers are utilizing C-PACE financing to enhance their project’s sustainability. However, misunderstandings about PACE and its implications remain.

Companies and developers at the nexus of commercial real estate (CRE) and sustainability are all asking the same question: “What does the Inflation Reduction Act (IRA) mean for me?”

Commercial Real Estate Developers are looking for new ways to reduce the capital costs associated with construction and development. Many are turning to C-PACE (Commercial Property Assessed Clean Energy) financing.

PACE financing is surprisingly flexible – and can fill financing gaps in any market condition. PACE gives developers a critical tool to add liquidity to any project.

As part of its mission to give back to local communities, PACE Loan Group supports the Camden Collective through leadership, volunteering, and donations. PLG is also supporting the Minneapolis nonprofit PICA by partaking in The Wish Tree.

PLG makes complicated financing structures easier for commercial real estate developers and owners, helping them capitalize on their renovations, new construction, or conversion projects.

The annual Las Vegas gathering of commercial real estate lenders and originators was held the first week of September. While attendance was down from a pre-COVID high of 2,500, those who attended were in deal-making mode.

While attending CREF-C in Miami, the PACE Loan Group team noted a general sense of optimism about interest rates and increased transaction volume in 2024.