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
In December, Twain provided PACE financing for the development of Elevation Workspace, a mixed-use facility that will primarily house minority owned businesses in need of accessible and affordable office space. Located along Delmar in St. Louis, Elevation Workspace will bring new economic and educational opportunities to the Fountain Park neighborhood. Learn more about this project, and PACE financing, at Twain.
In December, Twain provided PACE financing for the renovation of the historic St. Cloud Hotel building in Cañon City, Colorado. The historic building will be updated to a modern boutique hotel with 35 upscale guest rooms and will include a ground floor restaurant, a speak easy lounge, and business center. The updated hotel will open in the third quarter of … Read More
Twain’s ground lease financing was recently highlighted in a Bisnow article. Twain’s ground leases are attractive to developers for several reasons, but as Erik Lintvedt highlights, “developers that sell their land sites and then sign ground lease agreements can significantly cut down the amount of equity they need to raise.” This appeals to many developers, especially as construction costs are … Read More
Twain Financial Partners is pleased to announce the addition of Michael Park as the Director of Renewable Energy Business Development. The hiring of Mr. Park is part of Twain’s commitment to become a leading provider of comprehensive financing solutions for renewable energy projects with a primary focus on the solar industry. Matt Badler, Managing Director and Principal of Twain, sees … Read More
