Nuveen Green Capital and Lone Star PACE Facilitate $9M in C-PACE Financing for Luxury Multifamily Community in Dallas County

DALLAS, July 14, 2025 (GLOBE NEWSWIRE) -- Nuveen Green Capital, a leader in sustainable commercial real estate financing solutions, in conjunction with Lone Star PACE, a leading administrator of Texas' C-PACE programs, administered $9 million in C-PACE financing for the recapitalization of Cityscape Star Apartments, a 120,000-square-foot luxury multifamily community in the vibrant Cedars neighborhood of Dallas.

The 116-unit facility at 1812 Hickory Street is a newly constructed apartment building. C-PACE financing proceeds helped refinance previously installed sustainable building components, including high-efficiency windows and walls, elevators, HVAC, low-flow plumbing, domestic hot water and LED lighting.

Sean Ribble, Senior Director of Originations at Nuveen Green Capital, said: "It was a pleasure to partner with Slatt Capital and Citizens 1st Bank to provide C-PACE financing to recapitalize the recently completed Cityscape Star Apartments in the developing Cedars area of Dallas. The use of C-PACE for this project enabled the Sponsor to realize significant savings. This transaction also underscores our financing platform's flexibility as ...