Archive for June 2014

HB+D attorneys assist Menlo Capital Group and Menlo Westridge Affordable Partners, LP in the acquisition of a 400-unit affordable housing development in Richmond, California.

June 21st, 2014 | Posted in: Blog | 0 Comments

The purchase transaction of the 400-unit apartment development commonly known as the Hilltop at Richmond Apartments in Richmond, California represents a significant preservation of affordable units by Menlo Westridge Affordable Partners, LP. HB+D attorneys Jason A. Hobson and David Yarden represented the purchaser team.

Congratulations to HB+D client, Clean Fund, for closing a “Watershed” energy efficiency securitization and PACE commercial financing.

June 21st, 2014 | Posted in: Blog, Clean Tech-Energy-Utilities, Energy Efficiency-Renewables, Real Estate | 0 Comments

Clean Fund’s purchase of bonds represents the first known securitization of commercial energy-efficiency loans, and it may be the event that finally unlocks institutional capital for efficiency finance. Now that the securitization concept is proven, it’s only a matter of time before big money throws its weight behind energy efficiency. Former U.S. Vice President Al […]