Industry: Commercial Real Estate
Mission: Dedicated to funding commercial real estate through Commercial Property Assessed Clean Energy (C-PACE) financing. Their strategy makes clean energy a smart financial decision for commercial property owners and developers. Saving over 1 million MWh of energy through their projects and supporting over 2,400 clean energy jobs.
What quote best exemplifies your company?
“Next Generation Business Building.”
How is your product or service having a positive social and/or environmental impact?
Greenworks Lending is the nation’s largest provider of Commercial Property Assessed Clean Energy (C-PACE) financing. C-PACE makes it possible for commercial property owners to obtain low-cost, long-term financing for energy efficiency, water-conservation, and renewable energy projects. The program starts with a state-level government policy that classifies clean energy upgrades as a public benefit. These upgrades can be financed with no money down and then repaid as a benefit assessment on the property tax bill over a term that matches the useful life of improvements and/or new construction infrastructure. With the humble goal of changing the world building by building, Greenworks Lending was founded in 2015 with the firm conviction that C-PACE financing could rapidly scale clean energy in commercial buildings around the country, resulting in benefits for local businesses, energy security, and the environment. The results of our impact can be seen here.
What is your company’s vision for the future?
MultiGreen Properties is a real estate operating company dedicated to the construction of sustainable and technology-enabled multifamily properties through tax-advantaged structures. MultiGreen Properties was co-founded in 2019 by Green Mesa Capital, a single family office, and i(x) investments, a permanently capitalized company, providing a historic opportunity to create economic growth and catalytic social impact in supply-constrained markets. MultiGreen Properties aspires to be a Top 25 Owner of newly constructed multifamily units by 2030, and to be recognized as a global leader in sustainable entry-level housing.