CounterpointeSRE Adds Industry Veteran Jo Hastings to Boost CRE Expertise in C-PACE

STAMFORD, Conn.--(BUSINESS WIRE)--Sustainable real estate finance company Counterpointe Sustainable Real Estate (CounterpointeSRE) has appointed former bank executive Jo Hastings as managing director, leading C-PACE (property assessed clean energy) transactions.

Hastings most recently spent 10 years at Société Générale where she was the U.S. Head of Large Loan Originations & Balance Sheet Finance. Before that, she worked at Eurohypo and HSBC Bank as a relationship manager, working on originations, structuring and portfolio management/restructuring.

Hastings noted in an announcement that she is “honored to join CounterpointeSRE’s C-PACE team at this exciting moment in Counterpointe’s history”, referring to a growing list of impressive transactions, including the largest C-PACE ever closed at $256 million and a PERE Credit award for C-PACE Deal of the year for the $156mm C-PACE provided for Lendlease to build the Habitat project in Culver City.

“I look forward to utilizing my expertise in banking and large loans to build on the Company’s strong foundation in real estate finance and collaborative relationships with bankers in the senior lending community” she added.

Jo Hastings joins a C-PACE executive team with some of the deepest commercial real estate experience in the nation, augmented by recent addition of Kyle Geoghegan and Gavin Elwes.

Kyle Geoghegan joined the firm with 30 years of experience originating and managing commercial real estate investments at such firms and funds as Trez Capital, Avrio, C-III Capital, and Bear Stearns. Gavin Elwes, also coming from Trez Capital with 30 years of experience originating and structuring commercial loans, joins the Geoghegan-led team with deep banking knowledge from his time at Natixis and UBS in addition to expertise in hospitality finance.

Since 2013, CounterpointeSRE’s executive team has been instrumental in the foundations of the C-PACE industry. Hastings’s appointment, along with the addition of industry veterans Geoghegan and Elwes, signals the growth of the C-PACE market into single source full-stack with its bridge mortgage and other lending, as well as funding large loan development projects.

About CounterpointeSRE

CounterpointeSRE operates at the intersection of commercial real estate and energy industries providing bridge mortgage, C-PACE and other energy financial products. As a portfolio company of MassMutual, our focus is to provide one-stop sustainable finance solutions to our commercial real estate owners/operators.

To learn more, visit: www.CounterpointeSRE.com

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