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Author: Jonathan Seabolt

NYC’s Bans Combustion of Fossil Fuels for New Construction

Mayor Signs Landmark Bill to Ban Combustion of Fossil Fuels in New Buildings NEW YORK – Mayor Bill de Blasio today signed into local law a mandate phasing out the combustion of fossil fuels in new buildings and accelerating the construction of all-electric buildings. The law, the first of its kind for a large cold-weather city, […]

Lackluster Occupancy Growth; Landlords Left With More to be Desired

Access Control Data Shows Most Cities See Modest Growth in Occupancy Americans have been living through a period of intense uncertainty since March 2020 — struggling with an unprecedented pandemic and the economic distress it has caused. To provide some clarity on the issues facing American businesses, Kastle Systems has been studying keycard, fob, and […]

Investing in Tomorrow’s World Today

Our sustainability approach and review of our 2020-2021 achievements We integrate ESG throughout our real estate investment management process to help preserve and create value for our clients in tomorrow’s world. In this annual report, we explain our approach for managing the financial risks and opportunities associated with climate change and being a responsible property […]

Biden Issues Sustainability Executive Order

Biden Issues Sustainability Executive Order to catalyze nation’s clean energy initiative On December 8, President Biden issued an Executive Order (EO) to “catalyze” the nation’s clean energy economy and direct the federal government to achieve the following five climate goals: 100% carbon pollution-free electricity by 2030, at least half of which will be locally supplied clean energy […]

Clearwater Capitalizes on Acquisition of 520-Unit Asset in Alexandria

WASHINGTON, Dec. 16, 2021 (GLOBE NEWSWIRE) — Perseus TDC and its partners, Four Points and ELV Associates, announce the sale of The Foundry, a 16-story, 520-unit luxury multifamily community with 25,562 square feet of retail space at 2470 Mandeville Lane in Alexandria, Virginia. Timberline Real Estate Ventures, on behalf of itself and IGIS Asset Management, […]

Boston nabs its first C-PACE closing

Greenworks Lending from Nuveen closes first C-PACE Financing in Boston DARIEN, CT – Greenworks Lending from Nuveen, C-PACE capital provider dedicated to funding energy performance-enhancing commercial, multi-family, and non-profit real estate projects, announced that it has closed the first C-PACE project in the city of Boston through MassDevelopment’s PACE Massachusetts program at 440 William M. McClellan Highway. Located […]

What You Need To Know About C-PACE Financing

Clearwater PACE is a New York-based C-PACE Capital Advisor that helps Commercial Real Estate Developers, Owners, and Investors optimize their capital structure with low-cost, non-recourse, C-PACE Financing.

White House Releases Climate Roadmap

“The term ‘systemic risk’ carries a lot of weight. Its inclusion in this road map reflects our belief that many financial models and investment portfolios still rely on outdated assumptions of climatic stability.” Gina McCarthy, White House Climate Advisor On October 14, as a follow-up to President Biden’s May 20 Executive Order on climate-related financial […]

Clearwater Leads the Way: Closes $60M in Financing

The leading C-PACE Advisory firm, Clearwater PACE, scores $10.5M in Commercial PACE financing from Stonehill.