Carlyle, a leading global investment firm, has recently announced its strategic investment in North Bridge ESG LLC. This New York City-based company specializes in providing real estate finance solutions and will receive up to $1 billion from Carlyle to facilitate the origination of commercial property assessed clean energy (C-PACE) loans.
This partnership is a perfect match as it combines Carlyle’s expertise in strategic growth, real estate, and asset-backed finance with North Bridge’s ability to address evolving market needs on a larger scale.
North Bridge is known for offering C-PACE financing to institutional borrowers across major markets nationwide. With flexible terms and attractive benefits for commercial real estate capital stacks, C-PACE has become increasingly popular among investors.
According to Laura Rapaport, founder and CEO of North Bridge: “Carlyle’s commitment of $1 billion towards C-PACE – the largest so far – positions us as leaders in transforming the industry by better serving institutional sponsors and their lenders.” This collaboration between Carlyle and North Bridge aims at driving more C-PACE loans while meeting the growing demand from investors.
