Monday, 14 October 2024
Home Lone Star PACE Facilitates $46.6M in C-PACE Financing for Luxury Mixed-Use Development in Houston

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Lone Star PACE Facilitates $46.6M in C-PACE Financing for Luxury Mixed-Use Development in Houston

HOUSTON--(BUSINESS WIRE)--Lone Star PACE, a leading administrator of Texas’ Property Assessed Clean Energy program, today announced it facilitated $46.6M in C-PACE financing for a new mixed-use development near Houston’s Buffalo Bayou Park. A more than $31M loan was administered for The Thompson, a 172-room luxury hotel at 1711 Allen Parkway. Another loan of more than $15M was issued for an adjacent 53,000-square-foot retail pavilion at 1755 Allen Parkway. Lone Star PACE partnered with lender N...

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