Twain Financial Partners has received national recognition for its role in a project aimed at breaking down the “Delmar Divide” in St. Louis. C-PACE Alliance, a national business association focused on clean energy and resiliency financing, has honored Twain as its “Public Benefits Deal of the Year – Small Transactions” winner for Twain’s financing of the Elevation Workspace project. Elevation … Read More
On June 1, 2022, Twain closed on $16.2MM in federal and state historic tax credit equity that will help transform the former Gimbels-Schuster’s Department Store in Milwaukee, Wisconsin. Twain also provided a $12 million HTC bridge loan. Upon completion of the renovation, the building will become the new home for the community facing division of the Medical College of Wisconsin … Read More
A nearly century-old hotel building in Alexandria’s premier Old Town neighborhood soon will be bustling with activity again. Hotel Heron, an approximately 90,000-square-foot urban adaptive-reuse development, is set to begin construction in June 2022 now that financing has closed on the $76.5 million project. Of that total, $59.2 million is being made available by Twain Financial Partners through a mixture … Read More
A $300 million renewable diesel refining facility cleared one of its remaining hurdles when it secured funding for the final phase of construction. Twain Financial Partners has closed on a $136 million ground purchase and leaseback arrangement for the Reno facility, marking the largest investment in Twain’s nine-year history. The latest phase of construction will include a feedstock pretreatment facility, … Read More
Twain is providing PACE financing to the Jackson Street Apartments Complex in Dallas, Texas. The development is partially complete with an operational garage, which will serve as a podium to the new apartment component of the development. Upon completion in 2024, the 249 apartment units will feature luxury amenities, such as stainless steel appliances, quartz countertops, farmhouse sinks, walk-in showers, … Read More
Twain Financial Partners was once again honored by the St. Louis Business Journal as a finalist in the Best Places to Work awards for 2022. According to their website, more than 230 nominations were submitted. Twain is thrilled to have been named a finalist in the medium category, which consists of companies between 50 and 99 employees, for the third … Read More
Despite the ongoing Coronavirus pandemic, Twain Financial Partners had continued success in 2021. Twain’s major focus was on growing the commercial real estate investments platform, while also laying the groundwork for expanding the renewable energy platform in the years to come. Heading into our ninth year of operation, we look forward to building upon the solid foundation we’ve established and … Read More
In December 2021, Twain closed on $27 million of ground lease capital that will help complete a hospital modernization project in St. Louis, Missouri. At the financial closing, Twain purchased the land underneath the hospital and leased it back to the sponsor team for a 99-year term. Unlike traditional ground leases, the Twain ground lease gives sponsors the option to … Read More
Today, Twain Financial Partners announced its commitment to fund $1 billion in renewable energy projects over the next three years. Twain’s investment will provide capital to accelerate renewables development across the U.S. with key development partners. As part of this commitment to bolstering the growth of renewable projects, Twain has hired energy finance veteran Michael Park as its Director of … Read More
In November 2021, Twain successfully closed on $38 million of financing for the Hotel Indigo historic renovation project in downtown Minneapolis, Minnesota. Twain provided sale-leaseback financing, a commercial-PACE loan, and federal and state historic tax credit equity. The sale-leaseback financing is the first of its kind in the historic tax credit space and takes the place of a traditional construction … Read More
