Nuveen Green Capital Closes New Hampshire’s First C-PACE Financing
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. 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
- Disclosed capital deal value tracked in September 2026: $23.5B across 49 reported transactions.
- 36 stories mentioning Nuveen on the wire in the past 90 days. Nuveen coverage →
Computed from Real Estate Trail’s own tracked coverage
Nuveen Green Capital has closed on $23.2 million in C-PACE financing for the ground-up development of The Brickyard in Lebanon, NH, reportedly the first C-PACE transaction ever completed in the state of New Hampshire.…
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