Amalgamated bank commits $250 million to fastpace platform to accelerate c-pace lending nationwide

New york--(business wire)--amalgamated bank today announced a capital commitment of up to $250 million to fund commercial real estate projects originated through fastpace.com, allectrify's tech-enabled c-pace lending platform that connects property owners and developers to a growing network of more than 40 capital providers nationwide. the commitment dramatically expands access to long-term, flexible c-pace financing for commercial real estate projects across the country—particularly in the und.
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