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Lone Star PACE closes $64.8M in Texas PACE financing for six projects
The Texas PACE Program supported about $279 million in commercial real estate investment, and C-PACE can fund up to 35% of a project’s capital stack.
Lone Star PACE said it closed $64.8 million in Texas PACE Program financing during the first half of 2026, backing six commercial projects across the state.
ConnectCRE said the financing supports approximately $279 million in commercial real estate investment while helping property owners reduce energy and water consumption through eligible efficiency improvements.
The transactions cover a range of property types, including hospitality, retail, industrial, data centers and specialty development, with projects identified in Pilot Point, Beaumont, Houston, Seabrook, Irving and Plano.
The Texas PACE Program allows property owners and developers to finance qualifying energy and water conservation upgrades through a voluntary property assessment, and C-PACE financing can fund up to 35% of a project’s capital stack for new construction, redevelopment and retrofit work.