Nuveen Green Capital Closes $173M C-PACE Loan on Miami-Area Condos Project
Why this matters
Capital markets activity continues to be defined by the rotation from bank balance sheets to non-bank lenders. Private credit funds have raised record dry powder; banks have tightened CRE underwriting standards for the sixth consecutive quarter. The result is a market where well-sponsored deals clear, and marginal credit pays a meaningful spread to do so. Miami continues to absorb foreign capital and high-net-worth domestic migration. Brickell and Edgewater multifamily cap rates have led the recent compression, and hospitality continues to clear at premium basis on the back of constrained supply. For LPs, the allocation conversation has shifted decisively toward real estate debt, with equity allocations being deployed more selectively into operator-led platforms.
Editorial analysis · Real Estate Trail Editorial
On the RET wire
- The fourth Miami story tracked on the wire in September 2026. All Miami coverage →
- Disclosed capital deal value tracked in September 2026: $23.5B across 49 reported transactions.
- 30 stories mentioning Nuveen on the wire in the past 90 days. Nuveen coverage →
Computed from Real Estate Trail’s own tracked coverage
The continued strength of Commercial Property Assessed Clean Energy (C-PACE) debt as a construction financing tool has made a big splash in South Florida. Miami developer Shoma Group has landed a $172.5 million C-PACE…
External link. Real Estate Trail does not republish source content.
Related coverage — Miami · Capital
Related Urban Secures $129M Financing for Downtown Miami Project
Related Urban Development Group said Thursday that it has arranged $129 million in financing for Gallery Lummus Parc , a 257-unit transit-oriented development in Downtown Miami. Greystone Real Estate Capital said it’s…
Starwood Property Trust Announces Date for Third Quarter 2026 Earnings Release and Conference Call
MIAMI, Oct. 12, 2026 /PRNewswire/ -- Starwood Property Trust (NYSE: STWD) today announced that the Company will release its third quarter 2026 financial results on Friday, November 6, 2026, before the opening of tradi…
Answering Every Call and Eliminating Lobby Lines at The Gale Miami
The Gale Miami replaced paper registration cards with Canary Technologies' suite of tools, cutting check-in time from minutes to seconds and consolidating guest messaging into a single channel.
Publix rings up another Miami-Dade shopping center on heels of $83M deal
Florida People & Companies, October 16, 2026
CBRE named Greg Kuhlman Market Leader and Senior Managing Director for Miami and Fort Lauderdale. Based in Miami, Kuhlman will oversee CBRE’s business across the Miami and Fort Lauderdale markets. Kuhlman brings more…