Dwight Capital Launches Dwight Green Finance for C-PACE Financing in Commercial Real Estate Industry
Dwight Capital Launches Dwight Green Finance to Provide C-PACE Financing for Property Improvements
MIAMI, July 22, 2024– Dwight Capital, a leading commercial real estate finance company, has announced the launch of Dwight Green Finance, a new lending platform led by Lisa Nordel. This platform is designed to provide financing for a variety of property improvements through C-PACE (Commercial Property Assessed Clean Energy).
C-PACE allows property owners to secure funding for energy-efficient upgrades, renewable energy installations, water conservation projects, and more. These green improvements not only reduce operational costs but also increase property values. The repayment structure involves a special tax assessment added to the property tax bill, offering a straightforward financing option with lower rates compared to traditional financing methods.
With over 150 professionals dedicated to origination, underwriting, capital markets, asset management, and servicing, Dwight Capital is well-equipped to support clients nationwide. Lisa Nordel, the Managing Director and Head of C-PACE, brings over 25 years of experience in real estate and has closed over $850 million in C-PACE financings in her previous roles.
“I am thrilled to join the Dwight team and provide our clients with a cost-effective financing solution to enhance their properties,” said Lisa Nordel. “C-PACE financing is becoming increasingly popular as the demand for sustainable buildings grows, and Dwight Green Finance’s platform complements our existing suite of financial options.”
Dwight Capital’s expansion into C-PACE financing demonstrates their commitment to innovation and sustainability in commercial real estate. This move solidifies their position as a leader in the industry, offering tailored financial solutions to meet the evolving needs of property owners nationwide.
For more information about Dwight Capital and their services, visit www.dwightcapital.com.
Contact:
For media inquiries: marketing@dwightcap.com
Source: https://www.businesswire.com/news/home/20240722497994/en/