Twain Financial Partners announced the successful funding of $4.3 MM in Federal Historic Tax Credit (HTC) Equity and $4.4 MM in Commercial Property Assessed Clean Energy (C-PACE) Financing that will help restore the historic Latrobe Apartment House located at 2 East Read Street in Baltimore, MD. Twain’s funding will assist in transforming the 109-year-old building into a 116-room ASH Hotel … Read More
Twain Closes First-Ever PACE Deal in Pennsylvania
Twain Financial Partners, The Philadelphia Energy Authority, and SHIFT Capital are proud to announce the closing of the first project in Pennsylvania to use Commercial Property-Assessed Clean Energy (C-PACE) financing. Twain contributed $1.5 million in C-PACE financing to SHIFT Capital to pay for energy and water efficiency upgrades to a new mixed-use development in the Kensington-Harrowgate neighborhood of Philadelphia. SHIFT … Read More
Upcoming Webinar: Learn How Two Developers Recently Used the Maryland PACE Program to Finance Property Improvements
Paul Thompson, Business Development Officer at Twain, will be speaking at an upcoming webinar about PACE financing. The webinar, Learn How Developers Recently Used C-PACE to Finance Property Improvements, will take place on Tuesday, July 14, 2020 at 1 p.m. ET. The event is hosted by MD-PACE and the Urban Land Institute. This webinar will also feature Jessa Coleman, Senior … Read More
Register for Upcoming Webinar – C-PACE: Financing That Works in Any Economy
Jon Kelly, VP of Business Development at Twain, will be speaking at an upcoming webinar about the value of PACE financing. The webinar, C-PACE: Financing that Works in Any Economy, will take place on Thursday, July 23, 2020 at 9 a.m. CDT. This webinar will also feature Brian McCarter, CEO of Sustainable Real Estate Solutions and Toby Ast, VP of … Read More
Twain Closes on First Two Ground Lease Deals
Twain closed on its first two ground lease capital transactions in June 2020. The projects, known as the Beaumont building and the Lindell building, are both located in St. Louis, MO. Ground leases offer property owners an opportunity to finance development projects or reposition existing assets by entering into sale and leaseback agreements. Property owners receive a lump sum payment … Read More
Twain Offers Retroactive PACE for Distressed Properties – A Lifeline During Times of Uncertainty
It’s no secret that many property owners are feeling uncertain amid the current economic landscape. Twain Financial Partners offers a solution to property owners in need of short-term cash infusions: Retroactive PACE financing. As a trusted provider of Property Assessed Clean Energy (PACE), Twain offers non-recourse funding retroactively to completed projects to conserve capital and free up operating funds. PACE … Read More
Twain Financial Announces Donations to Local Organizations; Welcomes Gerard Craft at Spring Quarterly Meeting
Twain Financial Partners takes great pride in the St. Louis community and strives to support local businesses and organizations on an ongoing basis. In the spirit of support, Twain announced at its spring 2020 quarterly meeting that the company has made donations to three local community-based organizations during the COVID-19 pandemic. The monetary donations were made to Habitat for Humanity … Read More
David Taylor Featured in COVID Conversations Series
David Taylor, Twain Financial’s Director of Strategic Initiatives, recently spoke with Dallas-based law firm Munsch, Hardt, Kopf & Harr as part of their “COVID Conversations” interviews. In this series, Phill Geheb interviews various business leaders to learn more about what they are focusing on during times of COVID-19. Geheb and Taylor discussed how Twain will altering business approaches moving forward … Read More
Twain Financial Named “Best Places to Work” Finalist
Twain Financial Partners was honored by the St. Louis Business Journal as a finalist in the Best Places to Work awards for 2020. According to their website, more than 200 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. Companies that participated in the … Read More
Twain Financial Provides $1.6 Million in Historic Tax Credit Equity to Charles River Speedway in Boston, MA
Twain Financial Partners announced the investment of $1.6 million in federal historic tax credit equity for the historic renovation and adaptive reuse of the Charles River Speedway in Boston, MA. The speedway is located in the North Brighton section of the growing Allston-Brighton neighborhood of Boston. The building was listed on the National Register of Historic Places in July 2010. … Read More