Counterpointe Sustainable Real Estate (CounterpointeSRE) finances energy efficiency upgrades, sustainable or resiliency measures in hospitals, healthcare and other properties. Since 2013, Counterpointe has had a major impact in reducing the healthcare sector’s carbon footprint and in providing resiliency to the nation’s infrastructure. CounterpointeSRE has a physician-led healthcare funding group focused on financing sustainable and resilient upgrades to acute care hospitals, life science, and all healthcare properties. A majority-owned affiliate of MassMutual, CounterpointeSRE invests at the intersection of commercial real estate and energy industries through diversified sustainable infrastructure investments including Property Assessed Clean Energy Programs (PACE) and other energy financial tools.
PACE program administrators in CA, FL and the city of Chicago. Also provide capital through MassMutual for sustainable upgrades (new construction and retrofits).
Counterpointe Sustainable Real Estate finances HVAC, equipment, building envelope and other upgrades to healthcare properties by increasing the property tax bill incrementally for a 25-30 year term through C-PACE, PPAs, or ESAs. Renovations, expansions and new construction qualify as well as completed projects to recapture CAPEX. Most projects to date have been acute care hospital retrofits ranging from $8m-60 million for deferred maintenance, replacing sterilizers, freezers, HVAC with more efficient equipment, funding ED expansions, or funding code compliance measures such as seismic retrofits or to comply with USP 800, etc.
