PACE Loan Group Hires C-PACE Veteran Jacob Roth, Expanding Lending Capacity
MINNEAPOLIS, September 13, 2022 /PRNewswire/ — PACE Loan Group (“PLG”) (www.paceloangroup.com), a leading provider of Commercial Property Rated Clean Energy (C-PACE) financing, today announced the hiring of Jacob Roth, as Vice President of Underwriting. Jacob will execute underwriting for PLG’s deal pipeline and further expand the team’s C-PACE expertise.
“We look forward to welcoming Jacob to our team,” said PLG’s CEO. Rafi Golberstein. “His extensive experience at C-PACE will support our underwriting team and our increased deal flow. We are delighted to have Jacob as a resource for our underwriting staff and analysts.”
Jacob brings years of experience in the renewable energy sector and recently in the sustainable finance market. Jacob has been involved with C-PACE since 2018, gaining considerable experience in underwriting and developing PACE projects. Previously, he was head of underwriting and project management at Dividend Finance, a C-PACE lender, where he managed projects from admission to underwriting, through closing and beyond to final permit.
“I am thrilled to take this next step in my career at PLG and expand my C-PACE expertise. I look forward to immersing myself in the wide range and tremendous depth of opportunities with the PLG team.” Jacob shared.
During his time at Dividend Finance, Jacob led the C-PACE national expansion of his service area. In addition, he led the underwriting and closing of the first PACE loan in Montana, which was also the first-ever example of C-PACE being used to fund a water and sewer district. The loan gave rise to $10 million savings and 300 million gallons of water conserved for from montana Bridger Brewing’s new facility.
Jacob holds a bachelor’s degree in business administration from the George Washington University School of Business and is an active dive master, avid skier, EMT and racer.
About PACE Lending Group
PACE Loan Group (PLG) is a national leader in the C-PACE market, providing direct C-PACE financing to commercial owners for energy efficiency, renewable energy, water conservation and seismic projects. The PLG team has decades of experience in commercial lending and structured finance, providing expertise from top to bottom of the capital stack. To learn more about PLG, visit our website at www.paceloangroup.com.
SOURCE PACE Lending Group