News and Blog
The Rise in Adoption of Green Certifications
Last year, Nuveen Green Capital financed $28M in sustainability measures for its own NYC headquarters, the TIAA Financial Services Building, located at 730 Third Avenue in midtown Manhattan. The state-of-the-art, energy-efficient building, which was renovated with a...
Nuveen Green Capital Closes Inaugural Deal with Key Partner in New York
Nuveen Green Capital, a leader in sustainable commercial real estate financing solutions, announced today that it has closed its first Commercial Project Assessed Clean Energy (C-PACE) project with NY Green Bank, a State-sponsored, specialized financial entity...
Nuveen Green Capital Awarded ‘Esoteric ABS Deal of the Year’ at the 2022 Global Capital Securitization Awards
Nuveen Green Capital Awarded ‘Esoteric ABS Deal of the Year’ at the 2022 Global Capital Securitization Awards The Award Honors Outstanding Achievements in US Structured Finance Darien, CT (September 15, 2022) – Nuveen Green Capital, a leader in sustainable...
Nuveen Green Capital Closes First C-PACE Financed Project in the State of Alaska
Darien, CT (August 29, 2022) – Nuveen Green Capital, a leader in sustainable commercial real estate financing solutions, announced today that it has closed on a $680,000 retrofit of a four-story office building in Anchorage, AK. This marks the city and state’s first...
The IRA Has Passed! What it Means for CRE & C-PACE
Transformational Change Afoot with the Passing of the Largest Clean Energy Bill in U.S. History Yesterday, President Biden signed the Inflation Reduction Act of 2022 (IRA), which will not only reduce carbon emissions by approximately 40% by 2030, but will also...
Nuveen Green Capital Leadership Rounds Out a Phenomenal Q2 with Accolades
The second quarter of 2022 was filled with tremendous energy and buzz at Nuveen Green Capital, having closed out our largest quarter ever. In addition, Q2 also stood out as Nuveen Green Capital Co-founders Jessica Bailey and Alexandra Cooley were presented with...
Q2 2022 Impact Dashboard
Nuveen Green Capital Plays Key Role in Passage of Amendment to Expand C-PACE for Resiliency and Multifamily in Pennsylvania
Nuveen Green Capital, along with other stakeholders including the C-PACE Alliance, the Keystone Energy Efficiency Alliance, the Sustainable Energy Fund, and the Philadelphia Energy Authority played a key role in providing technical assistance and advocacy to expand...
Light Pollution and C-PACE – Energy Efficient Lighting Controls and how C-PACE Financing can Help.
As more cities continue their outward sprawl, a new problem faces urban legislatures – artificial light pollution. Local governments have set their focus on enacting legislative plans to reduce light pollution in America’s biggest cities. In New York, for...
Nuveen Green Capital Closes First C-PACE Projects in Oklahoma County
Darien, CT (April 18, 2022) – Nuveen Green Capital, a leader in sustainable commercial real estate financing solutions, announced today that it has financed the first two C-PACE projects to close in Oklahoma County, OK – $1.1M for 301 NW 13th Street in Oklahoma City...
Q1 2022 Impact Dashboard
Construction Costs Continue to Soar, Projects are Stalling – C-PACE Can Help
In 2020, the commercial real estate market underwent an unprecedented disruption as a result of economic volatility. Fortunately, 2021 saw a return to steady demand for construction projects, but with that came higher-than-average increases in construction costs as a...
Nuveen Green Capital Closes First New Construction C-PACE Project in Washington State
Darien, CT (April 4, 2022) – Nuveen Green Capital, a leader in sustainable commercial real estate financing solutions, announced today that it has closed on a $4.1M multifamily new development project in Seattle, WA. This marks the state’s first use of Commercial...
Enhanced Value of C-PACE for New Construction in Connecticut
Last Friday, March 25th, the CT Green Bank Board of Directors adopted changes to technical guidelines that will further bolster the use case for C-PACE for the Connecticut Real Estate Development community. The changes make significant strides in aligning goals of...
Nuveen Green Capital Announces Partnership with Clearwater Capital Management
Darien, CT (March 21, 2022) – Nuveen Green Capital, a leading provider of C-PACE capital and sustainable commercial real estate financing solutions, announced today a partnership with Clearwater Capital Management (“Clearwater”), a prominent real estate investment and...
Nuveen Green Capital Provides C-PACE Financing for Sandcastle Hotel Renovation
Rehoboth Beach, DE. January 25, 2022 – Nuveen Green Capital, the nation’s leading C-PACE capital provider dedicated to funding energy performance-enhancing commercial real estate projects, has provided $6,072,634 in C-PACE financing, arranged by Marcus &...
Nuveen Green Capital Appoints Andrew Zech as Chief Operating Officer
Darien, CT (January 24, 2022) – Nuveen Green Capital, a leader in sustainable commercial real estate financing, announced today that it has appointed Andrew Zech as Chief Operating Officer. Zech joined the organization (formerly Greenworks Lending) shortly after its...
