Carlyle Invests $1B in North Bridge to Boost C-PACE Loan Program

Carlyle Invests $1B in North Bridge to Boost C-PACE Loan Program

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.

About the Publisher:
Steve Griffin is based in sunny Palm Harbor, Florida. He’s an accountant by profession and the owner of GRIFFIN Tax and REVVED Up Accounting. In addition, Steve founded Madison Avenue Technology. With a strong passion for commercial real estate, he’s also dedicated to keeping you up to date with the latest industry news.

Share the Post:

Related Posts