Project Overview Closing Date: December 19, 2023 Owners of new multifamily property at 2008 N. Broad Street secured $5.2 million in C-PACE financing from Nuveen Green Capital to fund the building’s energy efficiency and water conservation measures. Located in North Philadelphia directly adjacent to Temple University, the development provides high-quality luxury and affordable off-campus housing.…
Project Overview Closing Date: August 23, 2023 Liberty Square Phase III is part of a multi-phase luxury community developed within the Philadelphia neighborhood of Northern Liberties. Managed by Palladium Group, the property encompasses 201 upscale apartments, ground-floor retail, an underground parking garage, and a private park-like plaza. PEA, Nuveen Green Capital, and property owners TLSIC…
Project Overview Closing Date: May 4, 2022 Ridge Storage is a five-story, 86,500-square-foot facility housing 756 self-storage units. C-PACE provided critical long-term financing that filled a key gap in the construction capital stack while incentivizing high-performance building methods during the initial design phase. Through high-efficiency building systems and sustainable construction technologies, the facility is projected…
Project Overview Closing Date: November 24, 2021 123 South Broad Street, known commonly as the Wells Fargo Building, is a landmark office tower located along Philadelphia’s Avenue of the Arts. PEA, Nuveen Green Capital, Unit 1 Partners LP, and 123 S. Broad Partners LP closed in 2021 on $4,109,825 in C-PACE financing for renovations of…
Project Overview Closing Date: June 28, 2021 The Kirkbride Center is a 390,000-square-foot campus consisting of six buildings dedicated to behavioral health and community social services. Designated as a National Historic Landmark, the 19th century former Institute of Pennsylvania Hospital building was revitalized by CoreCare to become one of the region’s largest community healthcare, drug…
Project Overview Closing Date: November 10, 2020 The Met Philadelphia’s ownership closed on Pennsylvania’s first C-PACE retroactive financing project in November 2020. EB Realty Management borrowed $6 million in C-PACE funds to pay for extensive energy-efficiency upgrades completed during substantial renovation of North Broad Street’s iconic event venue. The 133,000-square-foot former Philadelphia Metropolitan Opera House…