Wlodarczyk, Senft, Kenney Round Out Dividend Finance’s C-PACE Roster

Dividend Finance, a provider of renewable energy and energy-efficiency financing solutions for property owners, recently hired Ed Wlodarczyk, Steven Senft and Chad Kenney to fill newly created positions as vice presidents of business development in Dividend’s Commercial Property Assessed Clean Energy (C-PACE) division. Wlodarczyk will utilize his experience and knowledge in capital markets and investment advisory to assist the CPACE division in the area of energy-efficiency upgrades on outdated commercial real estate.

He brings more than 30 years of experience in acquisitions, dispositions, finance and portfolio management to Dividend, having completed more than $1 billion in transactional and advisory business nationwide. Wlodarczyk was previously a senior director with Ten-X.

Senft brings 20-plus years of diverse hospitality experience to Dividend. His career includes transacting acquisitions and dispositions valued at more than $7 billion. Prior to joining Dividend, Senft was a senior sales executive at Ten-X, and a principal of CRU Global Innovations and CRU Real Estate Group.

Kenney joins the Dividend C-PACE team with more than 15 years’ commercial banking experience. In his banking career, Kenney has held relationship management and leadership positions with smaller regional banks and super-regionals including Truist Bank and PNC Bank.

“The explosion of PACE financing and its rapid shift to becoming a more prevalent part of a property’s capital stack influenced Dividend to significantly increase the resources it is committing to PACE,” says Peter Grabell, Dividend’s divisional head of PACE. “We’ll continue to aggressively invest in our PACE business to ensure that Dividend fully serves the clean energy and energy-efficiency financing needs of commercial real estate owners.”

PACE is a public-private financing mechanism for energy efficiency, renewable energy, water conservation and seismic upgrades on privately owned commercial property. Since its inception, PACE financing has grown throughout the United States to more than $2.3 billion in related transaction volume.