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Texas  + Hospitality  | 
MCM Eleganted

Lone Star PACE Facilitates Nearly $65M in Loans for 6 Texas Projects

Lone Star PACE closed on $64.8 million in Texas PACE Program financing during the first half of 2026, supporting approximately $279 million in commercial real estate investment while helping property owners significantly reduce energy and water consumption.

The six closed transactions span a diverse mix of property types, including hospitality, retail, industrial, data centers and specialty development, demonstrating the growing role of Commercial Property Assessed Clean Energy (C-PACE) financing in helping developers strengthen project capital stacks while incorporating high-performance building systems.

Projects financed during the first half of the year include the Holiday Inn Express in Pilot Point, MCM Elegante in Beaumont (shown), Ashford Yard in Houston, Cold Storage Seabrook, Vesgro Data Center in Irving and Maranello Luxury Garages in Plano.

The Texas PACE Program enables property owners and developers to finance qualifying energy and water conservation improvements through a voluntary property assessment. C-PACE financing can fund up to 35% of a project’s capital stack and may be used for new construction, redevelopment and retrofit projects.

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About Mike Boyd

Mike covers our Texas and Phoenix/Southwest regions. He is a veteran news reporter who spent 10 years in radio and television news, mostly in Tucson, Arizona. Following his career in the media, he spent ten years as a communications executive for a publicly traded development company. Mike is married with three boys and three Huskies.

  • ◦Financing