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Thursday, November 5, 2026Commercial real estate news

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RATE WATCHDaily benchmarks 10-year Treasury4.84%-6 bpAs of Nov 5 5-year Treasury4.59%-10 bpAs of Nov 5 SOFR3.92%-2 bpAs of Nov 5 Effective Fed funds3.88%UnchangedAs of Nov 5

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C-PACE financing / NEWS

DC Partners secures $68.6M C-PACE loan for Fredericksburg’s Meuse

Nuveen Green Capital’s financing completes the reported construction funding for the 22-acre hotel-and-retail development, replacing an earlier hotel loan arrangement and adding retail capital.

Maya BennettCapital MarketsNovember 7, 2026 · 2 min read

A two-story log building with red-trimmed windows and a metal roof in Fredericksburg, Texas. — Archival view of Haussegen Platz Log Haus bed and breakfast in Fredericksburg, Texas, shown for illustration. Archival illustrative photograph; not presented as the specific property in this report. Photo: Liveon001 ©Travis Witt / Wikimedia Commons · CC BY-SA 3.0. Commons resize where applicable; CSS display crop. Adapted display remains under CC BY-SA 3.0.

Financing covers hotel and retail

DC Partners secured $68.6 million in commercial property assessed clean energy financing from Nuveen Green Capital for the Meuse in Fredericksburg, Texas, according to a November 6 report by The Real Deal republished by Yahoo Finance. The report places the transaction in October 2026 and describes the 22-acre hotel-and-retail development as fully financed. DC Partners bags $69M loan to complete Fredericksburg hotel-retail project

The loan allocates $53.2 million to the Kimpton Fredericksburg hotel and $15.4 million to the retail component, the publication reported. The hotel allocation replaces a C-PACE construction loan that DC Partners had previously negotiated with Petros, which is owned by Apollo. An exact closing date was not disclosed. DC Partners bags $69M loan to complete Fredericksburg hotel-retail project

The financing follows $104 million raised from 130 EB-5 investors, according to the report. Logan Walker, DC Partners’ vice president of investments, told the publication that the C-PACE financing carries a locked rate and is intended to serve the project during construction, stabilization and longer-term ownership. DC Partners bags $69M loan to complete Fredericksburg hotel-retail project

Capital secured; leasing remains in progress

The Meuse’s retail space was more than 50% leased, Walker told The Real Deal. That leasing milestone accompanies the financing completion, but the report did not provide an exact leased percentage or a project opening date. DC Partners bags $69M loan to complete Fredericksburg hotel-retail project

The Basis analysis: About 77.6% of Nuveen’s loan is allocated to the hotel, making it the principal use of this financing. For investors, the distinction between replacement financing for the hotel and additional capital for retail matters: the $68.6 million is not entirely incremental funding on top of the earlier hotel arrangement. The reported completion of financing also remains distinct from completing construction or leasing the remaining retail space. DC Partners bags $69M loan to complete Fredericksburg hotel-retail project

C-PACE EB-5 construction financing hotel retail