PACE Loan Group
PACE Loan Group is a direct C-PACE lender providing fixed-rate, long-duration commercial real estate financing for energy efficiency and resiliency improvements. Backed by AB CarVal (Alliance Bernstein), it has deployed nearly $700M across 40+ U.S. states serving property owners and developers.
- Company typePrivate
- Founded2017
- HeadquartersEden Prairie, United States
- Headcount11–50
- GTM typeB2B
- OfferingServices
What PACE Loan Group does
PACE Loan Group (PLG) is a direct Commercial Property Assessed Clean Energy (C-PACE) lender providing fixed-rate financing to commercial property owners and developers nationwide. Founded in 2017 and headquartered in Eden Prairie/Minneapolis, Minnesota, PLG operates as a portfolio company of AB CarVal, a subsidiary of Alliance Bernstein, with offices in Minneapolis, New York City, Chicago, and San Diego. Together with AB CarVal, PLG has committed and deployed nearly $700 million in C-PACE transactions across 40+ states plus Washington D.C., financing energy efficiency, water conservation, renewable energy, and resiliency improvements on commercial real estate.
PLG's core product is C-PACE financing structured as a long-duration, fixed-rate loan (typically 5-8% interest, terms up to 30 years) repaid through property tax assessments. The company's distinctive features include retroactive C-PACE financing (covering eligible improvements completed in the prior 1-3 years) and direct in-house origination, underwriting, and loan servicing without intermediaries. Loans are assumable and transfer with property tax bills, eliminating refinancing risk on sale. The capital stack positioning reduces or eliminates expensive mezzanine debt and can lower the weighted average cost of capital into the single digits when combined with senior debt.
PLG serves commercial property owners and developers across multiple verticals: hospitality (hotels, resorts, entertainment), commercial office, AI infrastructure / data centers, senior living, workforce and affordable housing, and production studios. Recent landmark transactions include the largest C-PACE loan in Missouri history ($100M for Patmos Center AI data center), the first C-PACE loan in New Jersey ($45.5M for Island Waterpark at Showboat), and a $19M co-lender deal for Black Creek Barns luxury resort redevelopment. The company markets through content (blog, newsletter, podcast), industry events, and a direct enterprise sales motion led by senior originators across four U.S. offices.
PACE Loan Group firmographics
Firmographics- Name
- PACE Loan Group
- Legal name
- Pace Loan Group, LLC
- Website
- https://paceloangroup.com
- Company type
- Private
- Founded year
- 2017
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- PACE Loan Group is a direct C-PACE lender providing fixed-rate, long-duration commercial real estate financing for energy efficiency and resiliency improvements. Backed by AB CarVal (Alliance Bernstein), it has deployed nearly $700M across 40+ U.S. states serving property owners and developers.
- Ownership category
- akta.pro rank
PACE Loan Group industry classification
Industry- Product category
- Commercial Real Estate Lending
- NAICS
- Other Financial Vehicles (52599)
- SIC
- Mortgage Bankers & Loan Correspondents (6162)
- akta.pro primary industry
- Large-Cap / Sponsor Finance Direct Lending (FSANADAJ)
- akta.pro secondary industry
- Climate Finance Strategy (CapEx planning, green finance, incentives & grants) (EUABAKAG)
Keywords
Where PACE Loan Group is headquartered
LocationHeadquarters
- HQ city
- Eden Prairie
- HQ country
- United States
- HQ region
- North America
Offices4 records
Markets served
PACE Loan Group business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Technology or R&D, Marketing or Sales
Revenue model
- C-PACE Loan Interest: PLG earns interest income on C-PACE loans extended to commercial property owners. Loans are structured as fixed-rate assessments paid through property tax bills, typically ranging from 5% to 8%, with repayment terms spanning 10-30 years.
- Loan Origination and Servicing Fees: Revenue generated from originating and servicing C-PACE loans throughout the loan lifecycle, from quote to close through ongoing loan administration.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Annual | Fixed-rate C-PACE loans with repayment through property tax assessments |
Go-to-market motion1 record
Distribution channels2 records
Marketing channels5 records
PACE Loan Group product offering
Product offeringCore offering
PACE Loan Group is a direct C-PACE (Commercial Property Assessed Clean Energy) lender providing custom financing packages for commercial real estate projects from quote to close. The company finances energy efficiency, water conservation, renewable energy, and resiliency improvements on commercial properties, with loans repaid through property tax assessments. PLG operates nationwide across 40+ states plus Washington D.C., with in-house origination, underwriting, and loan servicing teams, and is institutionally backed by AB CarVal (a subsidiary of Alliance Bernstein).
Product overview
PACE Loan Group (PLG) is a national direct lender specializing in Commercial Property Assessed Clean Energy (C-PACE) financing for commercial real estate. The company's core product is C-PACE Financing for Commercial Real Estate, which provides custom financing packages from quote to close with in-house origination, underwriting, and loan servicing teams. PLG operates state-specific C-PACE programs across 40+ states and Washington D.C., and offers a C-PACE for ESG module that enables property owners to integrate sustainability goals into their capital stack. The company benefits from institutional capital support from AB CarVal, a subsidiary of Alliance Bernstein, with nearly $700 million committed and deployed in C-PACE transactions.
Differentiator
Problem solved
Functional benefit
Products and services
- C-PACE Financing for Commercial Real Estate PACE Loan Group's primary product provides custom C-PACE (Commercial Property Assessed Clean Energy) financing packages from quote to close for commercial real estate projects. It enables property owners to finance energy efficiency, water conservation, renewable energy, and resiliency improvements repaid through property tax assessments, with fixed rates typically ranging from 5% to 8%, terms up to 30 years, and 100% financing for eligible improvements.
Quantifiable outcome
- C-PACE financing can reduce expensive mortgage debt and eliminate mezzanine debt from capital stacks
- +2 more outcomes
Companies that use PACE Loan Group
Customer profileNamed customers7 records
Segments6 records
Ideal customer profiles4 records
PACE Loan Group technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature2 records
PACE Loan Group partnerships and signals
Strategic signalPartnerships
Four partnerships are on record, tiered core and minor.
- IPA Capital MarketscoreIPA Capital Markets arranged the $38 million financing structure for Black Creek Barns redevelopment. IPA worked with PLG and Imperial Ridge to structure a capital stack including construction debt and C-PACE financing for the luxury resort project.
- Show Me PACEcoreShow Me PACE is Missouri's C-PACE program administrator, overseeing the program statewide including Jackson County. The program was founded in 2010 and revised in 2021, having helped finance over $329 million in improvements across the state. PLG provides C-PACE loans through this program.
- Garden State C-PACE (NJEDA)coreThe Garden State Commercial Property Assessed Clean Energy Program is administered by the New Jersey Economic Development Authority. PLG is an approved capital provider for the NJ C-PACE program as of July 1st. The program launched December 31, 2025, with PLG closing the first C-PACE loan in New Jersey.
- Missouri Energy InitiativeminorThe Missouri Energy Initiative serves as administrator for the Missouri Energy Savings Program (MO-ESP), working with PACE lenders including PLG to complete energy assessments and ensure loan requirements are met.
Scale indicators6 records
Recent moves6 records
Expansion highlights6 records
PACE Loan Group competitors and assessment
Company assessmentDirect peers
- Petros PACE Finance: One of the largest direct C-PACE lenders in the U.S., providing commercial property assessed clean energy financing nationwide. Petros is the most direct head-to-head competitor to PLG, with overlapping state program coverage and similar institutional backing.
- PACE Equity: Direct C-PACE lender focused on commercial and multifamily retrofits across multiple states. PLG SVP Ron Adachi previously led originations at PACE Equity, making it a close comparable in vertical coverage and product design.
- Greenworks Lending: Direct C-PACE lender operating in multiple U.S. states with a similar origination-led model. Competes with PLG on both new construction and retrofit C-PACE deals across commercial property types.
- CleanFund Commercial PACE: National direct C-PACE capital provider with programs across multiple states. Targets similar commercial real estate customers with energy efficiency, water conservation, and resiliency upgrades, making it a direct product-overlap competitor.
- Counterpointe Energy Solutions: C-PACE financing provider focused on commercial real estate retrofits and new construction across multiple state programs. Overlaps directly with PLG on asset class, customer profile, and program coverage.
Broad incumbents
- Generate Capital: Specialty finance company focused on sustainable infrastructure, including distributed energy, energy efficiency, and resiliency. Operates with an institutional balance sheet similar to PLG's AB CarVal sponsorship and competes for climate-aligned commercial projects.
- NY Green Bank: State-sponsored green finance institution investing in clean energy and energy efficiency projects. While not a direct C-PACE lender in PLG's exact niche, it is a broad institutional capital provider in the climate finance space that competes for similar borrowers.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks7 records
Key highlights7 records
Customer concentration
PACE Loan Group social profiles
Digital presencePACE Loan Group financial estimates
Financial estimateRevenue estimate
Valuation estimate
PACE Loan Group leadership team
Management profileNumber of profiles
Profiles7 records
PACE Loan Group funding detail
Funding detailFunding overview
Funding rounds1 record
Investors1 record
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
PACE Loan Group M&A and investment
M&A and investmentM&A
Investments4 records
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about PACE Loan Group
What does PACE Loan Group do?
PACE Loan Group is a direct C-PACE (Commercial Property Assessed Clean Energy) lender providing custom financing packages for commercial real estate projects from quote to close. The company finances energy efficiency, water conservation, renewable energy, and resiliency improvements on commercial properties, with loans repaid through property tax assessments. PLG operates nationwide across 40+ states plus Washington D.C., with in-house origination, underwriting, and loan servicing teams, and is institutionally backed by AB CarVal (a subsidiary of Alliance Bernstein).
Is PACE Loan Group a public or private company?
PACE Loan Group is a private company. It is classified as venture growth investor backed and is currently operating.
When was PACE Loan Group founded?
PACE Loan Group was founded in 2017. It employs 11 to 50 people.
Where is PACE Loan Group based?
PACE Loan Group is headquartered in Eden Prairie, United States, in the North America region.
How does PACE Loan Group make money?
Two revenue lines are on record. C-PACE Loan Interest is the primary driver. The others are loan Origination and Servicing Fees.
Who are PACE Loan Group's main competitors?
Direct peers on record are Petros PACE Finance, PACE Equity, Greenworks Lending, CleanFund Commercial PACE and Counterpointe Energy Solutions. Broad incumbents are Generate Capital and NY Green Bank.
Does PACE Loan Group have an API?
No public API is recorded for PACE Loan Group.
What industry is PACE Loan Group in?
PACE Loan Group's product category is Commercial Real Estate Lending. Its primary akta.pro industry code is FSANADAJ, Large-Cap / Sponsor Finance Direct Lending, with a secondary code of EUABAKAG, Climate Finance Strategy (CapEx planning, green finance, incentives & grants). Its NAICS code is 52599 and its SIC code is 6162.