Thompson-Dewitt Financial
Adaptive Capital for
Commercial Real Estate
Structuring flexible debt, equity, and C-PACE solutions for sponsors, developers, and institutions operating at scale.
Start a ConversationOur Expertise
Institutional-Grade Capital Solutions
Three specialized verticals, one disciplined approach to commercial real estate finance.
Flagship Program
C-PACE Financing
Long-term, non-recourse capital for energy efficiency, renewable energy, and resiliency improvements — repaid through property tax assessments over 20–30 years.
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Development
Construction & Development
Strategic capital for ground-up development, adaptive reuse, and value-add acquisitions across all commercial asset classes.
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Private Lending
Hard Money & Bridge
Rapid-close private lending for time-sensitive acquisitions, bridge scenarios, and complex transactions.
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Ready to Structure Your Next Deal?
Whether you're capitalizing a new development, recapitalizing an existing asset, or exploring C-PACE, our team is ready.
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C-PACE Financing
Unlock Capital.
Upgrade Sustainably.
Long-term, non-recourse financing for energy efficiency and resiliency improvements — repaid through property tax assessments.
Overview
What is C-PACE?
C-PACE — Commercial Property Assessed Clean Energy — is a financing mechanism that enables commercial property owners to fund energy efficiency, renewable energy, and resiliency improvements with no upfront capital, repaying the obligation through a special assessment on their property tax bill.
Established through state-level legislation, C-PACE treats clean energy and resiliency upgrades as a public benefit. Projects are financed over 20–30 years, aligned with the useful life of the improvements. The assessment runs with the property, transfers upon sale, and can be passed through to tenants.
Most commercial property types are eligible: office, retail, industrial, hospitality, and multifamily. In addition to advancing sustainability objectives, C-PACE offers superior terms compared to conventional financing — reducing annual operating costs and enhancing asset value.
Why C-PACE
C-PACE Advantages
100% Upfront Financing
Covers all eligible costs for energy efficiency, renewable energy, and resiliency improvements — including engineering, design, and soft costs — with no out-of-pocket capital required.
Off-Balance Sheet Treatment
Structured as a property tax assessment, C-PACE often qualifies for off-balance sheet treatment, preserving borrowing capacity and traditional debt ratios.
Long-Term, Fixed-Rate Terms
Financing extends up to 20–30 years at fixed rates, reducing annual costs and aligning repayment schedules with the useful life of improvements.
Non-Recourse to Borrower
Financing is secured by the property, not the owner. No personal guarantees are typically required, insulating sponsors from individual liability.
Enhances NOI & Property Value
Energy savings and modernized building systems can meaningfully improve net operating income, asset valuation, and tenant retention.
Funds Deferred Maintenance
Address critical capital expenditures — HVAC systems, roofing, windows, lighting — that might otherwise delay or jeopardize development timelines.
Eligible Projects
Project Types
New Construction
C-PACE financing for ground-up commercial developments integrating energy-efficient systems, renewable energy, and resilient building design from inception.
Energy Efficient Upgrades
Retrofit existing commercial properties with high-performance HVAC, LED lighting, building envelope improvements, and renewable energy systems.
Recapitalization
Restructure existing capital stacks by applying C-PACE financing retroactively to qualifying improvements completed within the lookback period.
Explore C-PACE for Your Property
Our team can assess eligibility and structure a C-PACE solution tailored to your project within days.
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Construction & Development
Building Value
from the Ground Up
Strategic capital and disciplined execution for developers transforming opportunity into lasting commercial assets.
What We Do
Vision, Capital, and Execution — Unified
Thompson-Dewitt specializes in strategic construction, development, and acquisition financing that unlocks long-term value across commercial real estate markets. Whether the mandate is ground-up development, adaptive reuse, or value-add acquisitions, we bring disciplined underwriting and market-driven execution to every engagement.
With a proven track record across diverse asset classes — office, hospitality, healthcare, retail, multifamily, and industrial — our team is focused on maximizing risk-adjusted returns through efficient project management, rigorous financial structuring, and deep market insight. From concept to stabilization, we deliver.
Capabilities
Key Focus Areas
Ground-Up Development
Full-cycle financing for new commercial construction projects, from pre-development through stabilization and permanent financing.
Adaptive Reuse
Capital for converting underutilized or obsolete properties into productive commercial assets — office-to-residential, industrial-to-mixed-use, and beyond.
Value-Add Acquisitions
Financing for strategic acquisitions where operational improvements, repositioning, or capital investment will meaningfully enhance asset performance.
Capital Stack Structuring
Senior debt, mezzanine, preferred equity, and joint venture structures tailored to optimize leverage and align sponsor-investor interests.
Risk Management
Rigorous underwriting discipline, construction monitoring, and draw management to protect capital and maintain project timelines.
Multi-Market Expertise
Deep familiarity with regulatory environments, construction costs, and market dynamics across major domestic and international markets.
Let's Build Something Together
From concept to completion, Thompson-Dewitt brings the capital and expertise to execute.
Discuss Your Project
Private Lending
Fast. Flexible.
Trusted.
Agile private lending solutions designed for speed, complexity, and certainty of execution.
What We Offer
Private Capital When Timing Matters Most
Our experienced team provides agile, reliable private lending solutions tailored to meet unique financial requirements — quickly and with certainty. Whether the situation involves a complex transaction, a time-sensitive acquisition, or a bridge scenario requiring speed and precision, Thompson-Dewitt delivers gap financing with discipline and a commitment to exceptional service.
We underwrite the asset and the opportunity, not just the borrower. Our direct balance sheet lending eliminates committee delays and delivers term sheets within days, not weeks.
Lending Programs
Our Lending Solutions
Need Capital? Let's Move Fast.
Term sheets in days. Closings in weeks. Reach out to discuss your lending needs.
Request a Term SheetTransaction Experience
Recent Transactions
Representating multifamily, industrial, office, and capital market transactions demonstrating execution across diverse asset classes.
Multifamily
2003 vintage C1 multifamily community. Recent acquisition closed at approximately
$37.5 million with a new Berkadia CMBS/agency-style financing facility
totaling approximately $30 million, complemented by a prior Santander
facility. This large workforce housing transaction demonstrates institutional
scale, strong capital markets execution, and expertise in multifamily financing.
Multifamily | City Park Apartments
1991/2000 vintage RG3-zoned multifamily asset. The property traded for approximately
$20.9 million with financing provided totaling
roughly $14.63 million.
This transaction further reinforces our depth within the multifamily market and
our ability to structure and execute complex multifamily capital solutions.
Industrial / Office Campus
1984/1995 vintage industrial and warehouse campus involving a corporate seller,
First Data Resources. The asset sold for approximately $21.55 million
and was financed with a loan of roughly $20.07 million. Historical financing included a significant Credit Suisse capital markets
facility within the capital stack. The transaction highlights experience working with
institutional counterparties and complex mission-critical operating assets.
Industrial
1972/2010 vintage industrial warehouse property located within an ML-2 zoning district.
The asset traded at approximately $14 million and was subsequently
recapitalized through a financing package totaling approximately
$127.2 million This Southeast industrial
transaction illustrates expertise across both acquisition financing and large-scale
recapitalization strategies.
About Us
Institutional Expertise.
Entrepreneurial Execution.
An $8 billion alternative asset manager with global reach and a singular focus on commercial real estate finance.
About Thompson-Dewitt
Thompson-Dewitt is an $8 billion alternative asset manager with deep expertise in commercial real estate, private equity, and direct lending. We provide flexible capital solutions for CRE projects and lower middle market businesses — and are recognized as a preferred C-PACE partner nationwide.
Our Platform
Three Pillars of Expertise
Real Estate Financing
Thompson-Dewitt has funded a global portfolio spanning office, hospitality, healthcare, retail, multifamily, entertainment, and resort assets — with a significant presence in Latin America and the Caribbean.
Backed by dedicated investment funds, we capitalize on emerging opportunities in today's evolving global markets. In addition to senior debt and equity financing, we structure preferred equity, corporate mezzanine debt, and complex capital solutions — including restructurings and recapitalizations — to meet the diverse needs of sponsors and institutions.
Global Portfolio
For over a decade, Thompson-Dewitt has led in financing and syndicating capital for real estate and infrastructure projects worldwide. With a presence in 25+ countries, we've financed over $100 billion in assets across hospitality, office, retail, healthcare, multifamily, industrial, energy, mining, agriculture, and telecommunications.
Across North America, Latin America, the Caribbean, Europe, Asia, and Australia, we've deployed more than $33 billion in capital over the past decade to support new developments and refinance existing assets. Our programs range from $25 million to several hundred million, delivering flexible solutions for projects of all scales.
Capital Markets
For over a decade, Thompson-Dewitt Financial has delivered strategic solutions to complex financial challenges — maximizing business value and performance for shareholders and stakeholders alike.
Our Capital Markets Group specializes in real estate acquisitions, turnaround strategies, and debt and equity restructurings, with particular expertise in situations involving sponsors impacted by past market dislocations.
Backed by deep analytics and market insight, our team advises on asset valuation, refinancing strategies, and long-term capital planning. Working closely with our Real Estate Finance division, we structure tailored solutions to enhance liquidity and optimize capital stacks across the risk spectrum.
Partner with Thompson-Dewitt
Learn how our institutional platform and entrepreneurial approach can support your next transaction.
Connect With UsContact
Let's Talk
Reach our New York office directly. We respond to all inquiries within one business day.
Contact information
Address
26 Broadway
New York, NY 10004
Phone
Business Hours
Monday – Friday
9:00 AM – 5:00 PM ET