BentallGreenOak has built its commercial real estate lending presence in the US with SunLife’s backing, and its head of debt, Abbe Franchot Borok, has her sights set on further expanding its platform.
More borrowers are looking at C-PACE financing to ‘green’ their properties as the US government dials up its own focus on addressing climate change through August’s Inflation Reduction Act.
The Austin-based C-PACE provider, which was acquired in January by Athene Holdings, is seeing more owners looking to upgrade their properties to address sustainability or resiliency issues.
Langdon Park Capital, a Los Angeles-based manager, is seeing more lender interest in its core strategy: preserving affordable and workforce housing in majority minority US communities.