Clearwater PACE Secures $300 Million Financing from Ares to Expand C-PACE Platform
Clearwater PACE has secured up to $300 million in financing from Ares Alternative Credit to scale its institutional C-PACE platform. The funding will support large-scale C-PACE financings across multiple sectors, including hospitality and multifamily, and marks a significant growth milestone for Clearwater. The structure targets long-tenor, fixed-rate loans of $5 million or more.
Topics: capital raising commercial real estate C-PACE financing financing vehicle institutional investment