CounterpointeSRE

CounterpointeSRE (Counterpointe Sustainable Real Estate) operates at the intersection of the commercial real estate and energy industries, providing financing for sustainable infrastructure improvements. Founded in 2013 by Eric Alini, the company specializes in Commercial Property Assessed Clean Energy (C-PACE) financing, along with mortgages, bridge loans, and other energy financial products. Alini, the CEO, has a background in finance, having served as a Managing Director at Merrill Lynch, where he managed over $21 billion in capital. The firm's President and COO is J. Christopher Hoeffel, who previously co-founded and was President of CoreVest, a lender to residential investors.

The company's business model centers on offering solutions-based financing for energy efficiency, renewable energy, water conservation, and climate resiliency projects in commercial properties. This is primarily achieved through the C-PACE program, a public-private partnership that allows property owners to fund improvements through a voluntary property tax assessment. This structure provides long-term, fixed-rate, non-recourse capital that can cover 100% of project costs and is repaid through the property's tax bill. The firm serves a wide range of clients, including owners and developers of commercial, multifamily, industrial, and institutional properties. By making these improvements more financially accessible, CounterpointeSRE aims to reduce the carbon footprint of the commercial building sector and enhance infrastructure resiliency.

In May 2023, Massachusetts Mutual Life Insurance Company (MassMutual) acquired a majority interest in Counterpointe, a move intended to expand the company's origination platforms and establish an impact investment management firm for sustainable debt assets. This partnership has supported CounterpointeSRE's ability to fund increasingly large projects, including a record-breaking $256 million C-PACE financing for an office-to-residential conversion in San Francisco. CounterpointeSRE also provides program administration services for state and local governments, managing all phases of their C-PACE programs with proprietary software.

Keywords: C-PACE financing, sustainable real estate, commercial property, energy efficiency finance, renewable energy projects, infrastructure investment, green mortgages, PACE administrator, climate resiliency, property tax assessment financing, construction finance, commercial real estate debt, energy transition, project finance, retrofit financing, bridge loans, sustainable infrastructure, ESG infrastructure, clean energy finance, development finance