Nuveen’s Acquisition of Greenworks Lending

Blank Rome LLP advised Greenworks Lending on the deal.

Greenworks Lending, the nation’s preeminent C-PACE capital provider dedicated to funding energy performance-enhancing commercial, multi-family and non-profit real estate projects, has been acquired by Nuveen, the global investment manager of TIAA. The acquisition marks a milestone for the rapidly growing C-PACE industry as Greenworks joins an organization with $1.2 trillion in assets under management.

Greenworks Lending, a Nuveen affiliate, is the largest provider of Commercial Property Assessed Clean Energy (C-PACE) financing in the country.

Nuveen, the investment manager of TIAA, offers a comprehensive range of outcome-focused investment solutions designed to secure the long-term financial goals of institutional and individual investors.

The Blank Rome team was led by Gary Goldenberg (Picture), Inna Zaltsman, Jeffrey Rosenfeld, Michael Swoyer, and Ashley Catalano-Leckerman, and included Michael Kadlec, Scott Smith, Kevin Baum, Adam Sansweet, Jennifer Daniels, Mark Blondman, Lisa Casey Spaniel, Lisa Campisi, Hannah Ahn, Michael Medveckus, Yelena Barychev, Riley Bauer, Joshua Broderson, Mary Burgoyne, Jacob Brownstein, and Benjamin Brownstein.

Involved fees earner: Hannah Ahn – Blank Rome LLP; Yelena Barychev – Blank Rome LLP; Riley Bauer – Blank Rome LLP; Kevin Baum – Blank Rome LLP; Mark Blondman – Blank Rome LLP; Joshua Broderson – Blank Rome LLP; Jacob Brownstein – Blank Rome LLP; Benjamin Brownstein – Blank Rome LLP; Mary Burgoyne – Blank Rome LLP; Lisa Campisi – Blank Rome LLP; Ashley Catalano-Leckerman – Blank Rome LLP; Jennifer Daniels – Blank Rome LLP; Gary Goldenberg – Blank Rome LLP; Michael Kadlec – Blank Rome LLP; Michael Medveckus – Blank Rome LLP; Jeffrey Rosenfeld – Blank Rome LLP; Adam Sansweet – Blank Rome LLP; Scott Smith – Blank Rome LLP; Lisa Casey Spaniel – Blank Rome LLP; Michael Swoyer – Blank Rome LLP; Inna Zaltsman – Blank Rome LLP;

Law Firms: Blank Rome LLP;

Clients: Greenworks Lending;

Author: Martina Bellini