In the Press
October 26, 2023

Why Hotels Are Turning to C-PACE Financing to Drive Sustainable Development (Energy Law Report)

Over the past few years, environmental, social, and governance (ESG) principles have played a more prominent role than ever in the way real estate investors, property owners, and lenders invest in and develop commercial real estate. In particular, the hotel industry has taken meaningful strides to improve energy efficiency, pursue sustainability missions in branding, and reduce utility bills. In the Energy Law Report, Real Estate partner Mary FitzSimons McQuinn and associate Sean Kiernan discuss the basics and benefits of commercial property assessed clean energy (C-PACE) financing, as well as important considerations for stakeholders in hotel deals.