real estate credit solutions
Powered by C-PACE
North Bridge is a national C-PACE lender providing flexible, long-term financing, ranging from $10M to $250M+, to commercial real estate developers and investors across all major asset classes.
We structure C-PACE either as stand-alone financing or alongside senior and mezzanine lenders to optimize the capital stack, improve project cash flows, and support energy-efficient, resilient buildings.
C-PACE USe Cases
NEW CONSTRUCTION &
MAJOR RENOVATIONS
Add a low-cost, long-term tranche that can cover up to 100% of eligible hard and soft costs.
Reduce required equity and/or replace expensive subordinate debt.
Use interest-only and capitalized interest periods to ease cash flow during construction and lease-up.
RECAPITALIZATIONS &
SPECIAL SITUATIONS
Bring in retroactive C-PACE to pay down existing lenders, replenish reserves, or repatriate equity.
Supports recapitalizations when traditional lenders are constrained.
Flexible structure with the ability to capitalize interest and provide extended I/O to improve cash flow.
EFFICIENCY &
RESILIENCY IMPROVEMENTS
Finance energy, water, and resiliency improvements with 100% upfront funding.
Often, utility savings help offset the annual C-PACE assessment, softening impact on cash flow.
Improve long-term asset value with no additional corporate debt.