C-PACE: New Alternative Financing

L.A. Hospitality (LAH), a commercial real estate developer, is considering financing options for a new hotel project, and Commercial Property Assessed Clean Energy (C-PACE) is an option that has become newly available to LAH and its peers. In this case, students will learn about how C-PACE financing works, as well as how a specialty financier like North Bridge ESG assesses and invests in projects through these loans. Students will be asked to analyze metropolitan markets and commercial real estate projects from a financing lens and will learn how to apply this form of financing to ESG real estate developments.