Why a niche category of CRE lending is suddenly seeing record deals

The record growth in CPACE lending highlighted in this CNBC piece aligns with a broader trend we’ve been tracking: the move toward more bespoke, capital-efficient structures to bridge gaps in the CRE market.

While the headline focus is often on the "green" aspect, the real story for bank balance sheets is the unique priority and lien structure. Navigating these types of transactions—along with other bespoke tax credits and liens—requires a specialized lens to ensure they fit a bank's specific risk and regulatory profile.

At Caird Investment Partners, LLC, we’ve spent a lot of time in the weeds of these non-standard transactions. If you’re looking at how to prudently integrate CPACE or similar tax-advantaged assets into your 2026 strategy, we would look forward to connecting - Matthew McLaughlin is an expert in the space!