Life Sciences & Corporate Tower Refinances with C-PACE Capital

Project Overview Closing Date: December 19, 2025 In December 2025, PEA, Nuveen Green Capital, and Brandywine 3151 Market LP (Brandywine Realty Trust) closed on $87.3 million in C-PACE financing for 3151 Market Street. Located within Brandywine’s Schuylkill Yards master development, the nearly 490,000-square-foot facility was built to high-performance life sciences, laboratory, and corporate office standards.…

C-PACE Funds Construction of City’s Tallest Apartment Building

Project Overview Closing Date: November 5, 2025 Luxury multifamily tower Harper Square will rise 500 feet once constructed, making developer Pearl Properties’ planned tower at 113-19 S. 19th St the tallest apartment rental building in Philadelphia. PEA, Counterpointe Sustainable Real Estate (CounterpointeSRE), and property owners 19S Partners, LLC & 18 San Partners LLC (managed by…

C-PACE Supports Construction of New Multifamily Building in East Kensington

Project Overview Closing Date: July 20, 2026 Riverwards Group received $17.3 million in Philadelphia C-PACE financing from Nuveen Green Capital to support construction of a new 155-unit multifamily apartment building in Philadelphia’s East Kensington neighborhood. The six-story development at 2507 Almond Street will include high-efficiency heating, ventilation, and air conditioning (HVAC) and building envelope upgrades, among…

C-PACE Helps Turn Abandoned Site into High-Efficiency Mixed-Use Development

Project Overview Closing Date: November 21, 2025 Lincoln 7078 LLC received $1.1 million in Philadelphia C-PACE financing from PACE Equity for a new development in the Mt. Airy neighborhood of Northwest Philadelphia. The 39,000 square-foot multifamily building will include 30 apartments. C-PACE provided funds for high-efficiency HVAC and lighting, among other improvements, exceeding energy costs…

C-PACE Funding Modernizes Medical Building, Finances $11 Million Renovation

Project Overview Closing Date: June 20, 2025 Substantial renovation of 3905 Ford Road Medical Center achieved the deepest energy savings among recent Philadelphia C-PACE projects.  In 2025, PEA, Nuveen Green Capital, and 3905 Ford LLC closed on $11 million of C-PACE capital, enabling a comprehensive transformation of the West Philadelphia building. Now a high-performance, sustainable…

C-PACE Finances Transformation of Vacant Lots into 114-Unit Tower

Project Overview Closing Date: July 31, 2024 The Frame is a 114-unit multifamily property located in Philadelphia’s vibrant Fishtown neighborhood. The mixed-use development combined six previously vacant lots to form the luxury tower, complete with 2,000 square feet of ground-level retail space, a green roof deck, and high-efficiency building design features.  In July 2024, PEA,…

C-PACE Funds Industrial Fabrication Facility Expansion

Project Overview Phase 1 Closing Date: August 2, 2021 Phase 2 Closing Date: October 4, 2024 Rhoads Industries received $47 million in Philadelphia C-PACE financing from CCG PACE Funding, covering nearly half the costs for the Philadelphia Navy Yard manufacturing facility expansion. Energy efficiency improvements qualified the state-of-the-art industrial fabrication facility to complete large-scale renovations…

Student Housing Receives C-PACE Financing for Efficiency Upgrades

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.…

C-PACE Funds Adaptive Reuse of Delaware Station Power Plant

Project Overview Closing Date: November 30, 2023 The Battery is a gut rehabilitation and adaptive reuse of the former Philadelphia Electric Company (PECO) Delaware Station. Spanning over 300,000 square feet, the Beaux-Arts industrial landmark was transformed into a premier mixed-use campus housing luxury apartments, offices, event space, hospitality, and a sports club.  Managed by real…

Retroactive Financing Recapitalizes Liberty Square’s Sustainability Features

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…