Laura Rapaport is the founder and CEO of North Bridge, a real estate credit platform that offers tailored C-PACE financing for new construction and recently completed projects across all commercial real estate asset classes nationwide.
C-PACE (Commercial Property Assessed Clean Energy), is a long-term, fixed-rate credit product that provides lower cost of capital to real estate developers, while reducing carbon emissions, lowering energy consumption and benefiting local economies.
This year North Bridge secured a $1 billion commitment from The Carlyle Group to facilitate the origination of C-PACE, highlighting the tremendous opportunity for CPACE to be used in increasingly large, institutional projects.
I spoke with Rapaport about C-PACE on a recent episode of The Sustainable Finance Podcast.
Watch the full podcast to learn more:
More of The Sustainable Finance Podcast: A deep dive into cutting-edge climate tech
