Family-Owned Business Goes Solar, Locks In Long-Term Savings

Project Overview Superior Commercial Kitchens is a multigenerational, family-owned business based in Bensalem. The company provides affordable, high-quality new and refurbished equipment for the Greater Philadelphia region’s restaurants and food service operators. To lower utility costs, Superior Commercial Kitchens turned to Solarize Greater Philadelphia and partnered with installer Superior Solar Design. A 34.5 kW solar…

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…