We’re pleased to announce that on Tuesday, December 2, the program “Powering Change: Facilitating Energy Innovation in CRE,” hosted by NAIOP’s New Jersey Chapter, will shine a spotlight on the transformative potential of the Garden State Commercial Property Assessed Clean Energy (C‑PACE) Program.
The panel features:
- Victoria Zelin‑Cloud
- George Vallone (President & Co-Founder, The Hoboken Brownstone Company)
- Joseph Byrne
- Max Frank (NJEDA Senior Project Officer, Clean Energy)
- Moderated by Robert “Bob” Gordon (Vice President, Stevens & Lee Public Affairs)
Why this matters:
In today’s tight lending environment, the C-PACE program offers real estate developers a game-changing financing tool for energy efficiency, renewables and resiliency. With non-recourse, long-term, assumable, off-balance-sheet financing often at about half the cost of mezzanine options, C-PACE is helping fill the capital stack in ways the market has long awaited.
What we hope you’ll take away:
- Understand what C-PACE is, where it works, when to use it—and how to integrate it into your deal.
- Recognize that C-PACE is flexible financing:
- Use it early, during capital-stack planning, to lock in better terms and retain more profit.
- Use it mid-project, when cost overruns arise.
- Use it after completion (with a ~3-year look-back) to recapitalize and free up equity.
Think seriously about building C-PACE into your next deal.
We look forward to seeing you at the event at 2 Tower Center Blvd., in East Brunswick, NJ, where we’ll explore how C-PACE is not just a finance tool but a driver of economic growth, sustainability, and resiliency.
To register, visit naiopnj.org.