Nuveen Green Capital Breaks Texas Record With $228M C-PACE Loan for Austin Office Campus

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Jay Paul Company secured a $227.5 million C-PACE loan from Nuveen Green Capital to refinance construction debt for the Springdale Green office campus in Austin. The financing is the largest C-PACE loan in Texas history and relates to a 881,427-square-foot commercial property project.

Everything is bigger in Texas. Jay Paul Company has sealed $227.5 million of commercial property assessed clean energy (C-PACE) debt to refinance a previous construction loan for the 881,427-square-foot Springdale Green office campus project in Austin. The deal marks the largest C-PACE loan in Texas history and comes a decade after the state’s first financing […]