PACE Loan Group

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.

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

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

• Commercial real estate lending
• C-PACE financing
• Energy efficiency financing
• Property assessed clean energy
• Commercial property financing

Headquarters

HQ city

Eden Prairie

HQ country

United States

HQ region

North America

Offices4 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales

Revenue model

1. 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.
2. 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

Go-to-market motion1 record

Distribution channels2 records

Marketing channels5 records

Core 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

Named customers7 records

Segments6 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature2 records

Partnerships

Four partnerships are on record, tiered core and minor.

• IPA Capital MarketscoreStrategic or Co-development Partner · 12 January 2026IPA 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 PACEcoreChannel Partner/ Reseller/ DistributorShow 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)coreChannel Partner/ Reseller/ DistributorThe 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 InitiativeminorChannel Partner/ Reseller/ DistributorThe 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

Direct 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

• LinkedInlinkedin.com/company/pace-loan-group
• Xx.com/PACE_Loans
• Facebookfacebook.com/paceloangroup

Revenue estimate

Valuation estimate

Number of profiles

Profiles7 records

Funding overview

Funding rounds1 record

Investors1 record

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments4 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about PACE Loan Group