Commercial Property Assessed Clean Energy (C-PACE) loans have come to New York City, giving property owners another tool to boost struggling properties.
Chair of Akerman's Real Estate Finance practice, Randy Eckers, thinks the program's arrival in the nation's largest city will help boost its profile.
"I think just people are just becoming a little bit more aware of it," Eckers says. "They should be much more aware of it, but New York City is coming online. Once New York City comes online, I imagine that the awareness of the program will increase across the country. At least, I hope it will."
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Leslie Shaver
Les Shaver has been covering commercial and residential real estate for almost 20 years. His work has appeared in Multifamily Executive, Builder, units, Arlington Magazine in addition to GlobeSt.com and Real Estate Forum.
