Nuveen Green Capital’s in-house legal team has been instrumental in advancing the adoption and expansion of Commercial Property Assessed Clean Energy (C-PACE) financing across the United States. Their expertise has facilitated numerous high-profile transactions, contributing significantly to the growth of sustainable commercial real estate projects.
In November 2024, Nuveen Green Capital closed a $220 million C-PACE financing for 200 Park Avenue in San Jose, California. This transaction stands as the second-largest C-PACE deal in the nation to date. The financing supported the development of a LEED Gold-certified office tower by the Jay Paul Company, showcasing the scalability and appeal of C-PACE as a financing mechanism for large-scale projects. ([nuveen.com](https://www.nuveen.com/greencapital/news-and-blog/nuveen-green-capital-closes-second-largest-c-pace-financed-transaction-to-date-on-200-park?utm_source=openai))
Further demonstrating their leadership, Nuveen Green Capital facilitated the first-ever C-PACE transaction in North Carolina in June 2025. The $6.5 million financing supported the conversion of the historic Trenton Mill into a multifamily development in Gastonia, marking a significant milestone in the state’s adoption of sustainable financing solutions. ([streetinsider.com](https://www.streetinsider.com/PRNewswire/Nuveen%2BGreen%2BCapital%2BCloses%2BFirst-Ever%2BC-PACE%2BFinanced%2BTransaction%2Bin%2BNorth%2BCarolina/24980819.html?utm_source=openai))
In September 2025, the firm achieved a record-breaking $290 million C-PACE transaction for the Pendry Hotel & Residences in Tampa, Florida. This deal not only set a new benchmark for C-PACE financing but also marked the first such transaction in Tampa, highlighting the growing acceptance of C-PACE in diverse markets. ([greenlodgingnews.com](https://www.greenlodgingnews.com/nuveen-green-capital-closes-record-breaking-290-million-c-pace-transaction/?utm_source=openai))
Nuveen Green Capital’s in-house legal team has also played a pivotal role in expanding C-PACE financing to new regions. In January 2026, they collaborated with Lone Star PACE to facilitate a $21.9 million C-PACE transaction for Ironwood at Princeton, a multifamily development in Princeton, Texas. This partnership underscores the team’s commitment to promoting sustainable financing solutions across the country. ([globenewswire.com](https://www.globenewswire.com/news-release/2026/01/06/3213860/0/en/Nuveen-Green-Capital-and-Lone-Star-PACE-Facilitate-21-9-Million-C-PACE-Transaction-for-New-Multifamily-Development-North-of-Dallas.html?utm_source=openai))
Through these strategic initiatives, Nuveen Green Capital’s legal team has not only navigated complex regulatory landscapes but also fostered the growth of C-PACE financing, enabling property owners and developers to implement energy-efficient and sustainable improvements in their projects.