Nuveen Green Capital provided $622K in C-PACE financing for a multifamily property located in Oklahoma City, OK. Nuveen Green Capital will fund building envelope (roofing, windows, insulation, etc.); boiler, and HVAC upgrades over the 28 year term of the loan.
Chelsea Manor is an existing 193 unit multifamily property located in Oklahoma City, Oklahoma. The project is scheduled to be completed in late 2022.
“Nuveen Green Capital has been a great partner on this project, guiding us through our first C-PACE loan closing. C-PACE is enabling us to fund much-needed energy improvements at our property as part of a larger renovation, which is allowing us to retain our operating reserves. We look forward to partnering with Nuveen Green Capital on upcoming projects.”
Roger Gault and Robert Gunby
Gault Company and RTG Capital