PACE

Universal PropTech Signs Letter of Intent to Acquire Exclusive Canadian Rights to Microgrid Technologies and Assets

Wednesday, July 21, 2021 - 2:00pm

"Universal PropTech is intending to acquire the exclusive rights to develop a municipal program of microgrid technologies and services across Canada," stated Frank Carnevale, Chief Growth Officer, Universal PropTech Inc. "The PACE Program is a unique way to bring low-carbon solutions to the masses, and expand our reach."

Key Points: 
  • "Universal PropTech is intending to acquire the exclusive rights to develop a municipal program of microgrid technologies and services across Canada," stated Frank Carnevale, Chief Growth Officer, Universal PropTech Inc. "The PACE Program is a unique way to bring low-carbon solutions to the masses, and expand our reach."
  • The Canadian microgrid energy services company has amassed Canadian rights to several renewable and battery technologies, exclusively for the PACE Program and non-exclusively for other direct customer sales.
  • Universal PropTech Inc. (TSXV: UPI) (OTCQB: UPIPF) (FSE: 8LH) is a leading building innovation company, selecting, integrating, deploying, and maintaining PropTech in healthy buildings.
  • With headquarters in Toronto, Universal PropTech Inc. has offices across Canada including, Halifax, Montreal, and Ottawa.

Bayview Asset Management Launches New Commercial PACE Business Line

Monday, July 19, 2021 - 3:20pm

Bayview Asset Management a leading investment management firm focused on investments in mortgage and consumer credit with ~$15 billion in AUM, announced the launch of the Bayview PACE (Bayview PACE) business line today (a division of Silver Hill Funding, LLC), expanding Bayviews role in the commercial real estate, clean energy and energy efficiency lending market.

Key Points: 
  • Bayview Asset Management a leading investment management firm focused on investments in mortgage and consumer credit with ~$15 billion in AUM, announced the launch of the Bayview PACE (Bayview PACE) business line today (a division of Silver Hill Funding, LLC), expanding Bayviews role in the commercial real estate, clean energy and energy efficiency lending market.
  • The launch of Bayview PACE signals an inflection point for the Commercial Property Accessed Clean Energy (C-PACE) industry.
  • Bayview PACE is on a mission to make innovative C-PACE financing accessible and profitable for commercial real estate owners and borrowers.
  • Bayview PACE, a division of Silver Hill Funding, LLC ( NMLS# 1564077 ) is an affiliate of Bayview Asset Management, LLC.

PACE Loan Group Hires Kris Jones as Vice President, Originations to Continue Expansion

Monday, July 19, 2021 - 12:47pm

MINNEAPOLIS, July 19, 2021 /PRNewswire/ --PACE Loan Group ("PLG") ( www.paceloangroup.com ), a leading provider of Commercial Property Assessed Clean Energy (C-PACE) financing, announced today the hiring of Kris Jones as a Vice President, Originations, effective July 19, 2021.

Key Points: 
  • MINNEAPOLIS, July 19, 2021 /PRNewswire/ --PACE Loan Group ("PLG") ( www.paceloangroup.com ), a leading provider of Commercial Property Assessed Clean Energy (C-PACE) financing, announced today the hiring of Kris Jones as a Vice President, Originations, effective July 19, 2021.
  • PACE Loan Group hires 18-year CRE veteran Kris Jones as part of strategic nationwide C-PACE staff rollout.
  • Jones has over 18 years of commercial and multifamily real estate experience.Prior to joining PLG, Jones was a Senior Director at Ten-X, and a Vice President of Real Estate at RealCrowd.
  • "I am excited to be joining PACE Loan Group to help them expand their C-PACE loan portfolio throughout the Western U.S.

Renew Financial Earns 2021 Great Place to Work Certification™

Thursday, July 15, 2021 - 11:00am

OAKLAND, Calif., July 15, 2021 /PRNewswire/ -- Renew Financial is proud to be Certified by Great Place to Work .

Key Points: 
  • OAKLAND, Calif., July 15, 2021 /PRNewswire/ -- Renew Financial is proud to be Certified by Great Place to Work .
  • This year, 84% of employees said Renew Financial is a great place to work 25 points higherthan the average U.S. company.
  • "Great Place to Work Certification isn't something that comes easily it takes ongoing dedication to the employee experience," said Sarah Lewis-Kulin, vice president of global recognition at Great Place to Work.
  • According to the Great Place to Work survey, Renew Financial employees feel they work for a company with a strong leadership and a culture of team spirit, pride and empowerment.

PACE Loan Group Hires C-PACE Expert Michael Jarmolowich as Managing Director to Continue Expansion

Monday, July 12, 2021 - 12:47pm

MINNEAPOLIS, July 12, 2021 /PRNewswire/ --PACE Loan Group ("PLG") ( www.paceloangroup.com ), a leading provider of Commercial Property Assessed Clean Energy (C-PACE) financing, announced today the hiring of Michael Jarmolowich ("Jarmo") as a Managing Director, effective July 12, 2021.

Key Points: 
  • MINNEAPOLIS, July 12, 2021 /PRNewswire/ --PACE Loan Group ("PLG") ( www.paceloangroup.com ), a leading provider of Commercial Property Assessed Clean Energy (C-PACE) financing, announced today the hiring of Michael Jarmolowich ("Jarmo") as a Managing Director, effective July 12, 2021.
  • Prior to joining PLG, Jarmo was a Managing Director at Stifel Financial Corp., where he focused on the C-PACE market and other areas of sustainable real estate finance.
  • "I look forward to being part of the PACE Loan Group," said Jarmo.
  • PACE Loan Group (PLG) is a national leader in the C-PACE marketplace, providing direct C-PACE financing to commercial property owners for energy-efficiency, renewable energy, water conservation, and seismic projects.

PACE Funding Group Changes Name to Home Run Financing, Adds Unsecured Loan Product to Property Assessed Clean Energy Financing Option

Tuesday, July 6, 2021 - 8:23pm

LOS GATOS, Calif., July 6, 2021 /PRNewswire/ --PACE Funding Group, LLC announced today that it has changed its name to Home Run Financing and has added a new, unsecured loan product called Home Run Loans.

Key Points: 
  • LOS GATOS, Calif., July 6, 2021 /PRNewswire/ --PACE Funding Group, LLC announced today that it has changed its name to Home Run Financing and has added a new, unsecured loan product called Home Run Loans.
  • The company started in California in 2014 as a single product company: Property Assessed Clean Energy (PACE) financing for renewable energy, energy- and water-efficiency projects, and later, for storm-hardening and other public benefit home improvements.
  • "Home Run Financing is the only financing provider in the residential sector offering both PACE and unsecured loans to homeowners," said Robert Giles, CEO of Home Run Financing.
  • Contractors can register via the program's website to provide Home Run Loans and/or PACE financing.

Worldwide Fire Extinguisher Industry to 2026 - Featuring Amerex, Britannia Fire and First Alert Among Others - ResearchAndMarkets.com

Thursday, July 1, 2021 - 2:11pm

Which segments will grow at a faster pace and why?

Key Points: 
  • Which segments will grow at a faster pace and why?
  • Which regions will grow at a faster pace and why?
  • What are the drivers and challenges of the market?
  • What are the business risks and threats to the market?

CastleGreen Finance Closes the Largest C-PACE Project in Connecticut

Thursday, June 24, 2021 - 10:27pm

In partnership with Lexington Partners LLC, the property developer, and the Connecticut Green Bank, the program administrator for the state of Connecticut C-PACE program, CastleGreen Finance is delighted to be part of the largest C-PACE transaction to date in Connecticut.

Key Points: 
  • In partnership with Lexington Partners LLC, the property developer, and the Connecticut Green Bank, the program administrator for the state of Connecticut C-PACE program, CastleGreen Finance is delighted to be part of the largest C-PACE transaction to date in Connecticut.
  • CastleGreen Finance has facilitated approval of the $13.7 million C-PACE project through the Connecticut Green Banks C-PACE program.
  • We are excited to see CastleGreen Finance closing their first project in Connecticut; the largest C-PACE project to date, in the state.
  • CastleGreen Finance, in partnership with X-Caliber Capital, is a private capital source focused on Commercial PACE (Property Assessed Clean Energy) financing.

Pace International LLC Promotes Michelle Smith to Senior Manager, Sales and Field Services South US

Thursday, June 3, 2021 - 7:25pm

WAPATO, Wash., June 3, 2021 /PRNewswire/ --Pace International LLC (Pace) announced today the promotion of Michelle Smith to Senior Manager, Sales and Field Services South US.

Key Points: 
  • WAPATO, Wash., June 3, 2021 /PRNewswire/ --Pace International LLC (Pace) announced today the promotion of Michelle Smith to Senior Manager, Sales and Field Services South US.
  • In her new role, Smith will be responsible for sales and field operations of Pace products and technologies in California, Texas, Southeast and Florida, and assigned International markets.
  • Smith joined Pace in 2004 as a Technical Services Representative and was promoted to Technical Services Manager in 2012.
  • Pace International LLC is a subsidiary of Valent BioSciences LLC, a Sumitomo Chemical Co., Ltd. business.

C-PACE Alliance Announces 2020 Award Winners

Tuesday, June 1, 2021 - 6:43pm

WASHINGTON, June 1, 2021 /PRNewswire/ -- C-PACE Alliance (CPA), a business association that promotes Commercial Property Assessed Clean Energy (C-PACE) financing, announced the winners of its 2020 C-PACE Alliance Awards.

Key Points: 
  • WASHINGTON, June 1, 2021 /PRNewswire/ -- C-PACE Alliance (CPA), a business association that promotes Commercial Property Assessed Clean Energy (C-PACE) financing, announced the winners of its 2020 C-PACE Alliance Awards.
  • Policy & Practice: Stephanie Mah, DBRS / Morningstar for her article, "Earth, Wind, and Fire: PACE Plays a Vital ESG Role."
  • The rooftop solar array is a real-life example of the product workers will install, as well as saving utility costs.
  • C-PACE Alliance is a coalition of capital providers and transaction experts committed to achieving the public benefits of C-PACE by increasing the volume of quality transactions.