DebtStreet - Rafi Golberstein

Rafi Golberstein, the founder of Pace Loan Group, discusses the benefits and practical deployment of C-PACE financing.

C-PACE financing is a tool used to finance properties with energy efficiency, renewable energy, or seismic resiliency improvements.

Pace Loan Group differentiates itself by being independently owned and operated, offering in-house origination and servicing, and having deep institutional backing.
The current rate environment has been beneficial for Pace Loan Group as more people are looking for alternative forms of capital.

Education and awareness of C-PACE financing have increased, with owners and developers now demanding it as part of their financing packages.
Retroactive PACE financing allows developers to tap into PACE credits for projects completed in the past three years, providing liquidity and helping with refinancing.

Rafi shares his background in commercial real estate finance and explains how he decided to start Pace Loan Group. Rafi highlights the unique features of C-PACE financing, such as long-term fixed-rate terms and self-amortization. He also discusses the early wins and successes of Pace Loan Group and the factors that differentiate them from their competitors. Rafi emphasizes the importance of education and awareness in the C-PACE lending industry and shares his future goals for the company. He concludes by explaining the process and benefits of retroactive PACE financing and the geographical coverage of Pace Loan Group.