Third PACE Loan Group Office Opens in San Diego
December 13, 2023
As part of its growth plan and to serve more property owners with C-PACE financing, PACE Loan Group has opened its third office. In addition to its office in Chicago and headquarters in Minneapolis, the newest office opened last week in San Diego. Ina Montejo, business development associate, and Jacob Roth, vice president – underwriting, work from that office and will support the company’s growth on the West Coast.
“As C-PACE financing demand builds across the country and more municipalities authorize the legislation for it, we wanted to make sure PLG employees could serve customers from coast-to-coast,” said Rafi Golberstein, CEO. “We are
committed to offering the highest level of customer service to all of our borrower clients.” PLG is known for its high-touch service from term sheet through closing and into loan servicing. With these three locations, the firm has boots on the ground in the key C-PACE markets.
“When interest rates are high, C-PACE becomes a more important part of any property owner’s capital stack, reducing the overall cost of capital. When interest rates go down, C-PACE can still play an important role in reducing the amount of equity that property owners need to invest,” he said.
Media Contact:
Martha Nevanen
651-492-5861
About PACE Loan Group
PACE Loan Group (PLG) is a national leader in the C-PACE marketplace, providing direct C-PACE financing to commercial property owners. PLG benefits from institutional support with capital from funds managed by AB CarVal, a subsidiary of Alliance Bernstein. The PLG team provides expertise up and down the capital stack, from origination and underwriting to loan servicing. To learn more about PLG, visit www.paceloangroup.com.