SAN FRANCISCO – (BUSINESS WIRE) – October 13, 2021–
Dividend Finance, a leading national provider of renewable energy and energy efficiency financing solutions for property owners, has hired Ed Wlodarczyk, Steven Senft and Chad Kenney to fill the newly created positions as Vice Presidents business development in the PACE commercial division of Dividend.
Wlodarczyk brings more than 30 years of experience in acquisitions, divestitures, finance and portfolio management to Dividend, having achieved over $ 1 billion in transactional and advisory activities nationwide. He will use his experience and knowledge of capital markets and investment advice to assist the CPACE division in the area of ââenergy upgrades in obsolete commercial buildings. Wlodarczyk was previously a Senior Director at Ten-X, an online platform for buying and selling commercial real estate. Wlodarczyk attended Loyola University in Chicago, majoring in the disciplines of business and communication.
Senft brings more than 20 years of diverse hospitality experience to Dividend to fund hotel initiatives aimed at reducing their energy costs and carbon footprint. His career includes stints in hotel ownership, management and operation; financial analysis; strategic planning; capitalization of equity and debt; and the transaction of acquisitions and disposals valued at more than $ 7 billion. Prior to joining Dividend, Senft was Senior Sales Executive at Ten-X. Previously, he was Director of CRU Global Innovations (a printed light technology, printed battery and printed solar technology company) and CRU Real Estate Group, a full-service real estate company focused on hotel asset and property management, commercial brokerage and investments. Senft received two degrees from California Polytechnic University, Pomona: his Bachelor of Science in Hospitality Management from Collins College of Hospitality Management and a Master of Business Administration. Steven also obtained his Certificate in Real Estate, Hotel Development and Investment from Cornell University.
Kenney joins the Dividend C-PACE team with over 15 years of experience in commercial banking, focusing on real estate and lending to operating companies. During his banking career, Kenney has held relationship management and leadership roles with small regional and super-regional banks, including Truist Bank and PNC Bank. He holds an MBA from Missouri State University, a Bachelor of Business Administration from Evangel University, and is a graduate of BB&T’s Management Development Institute.
Peter Grabell, Division Manager of PACE at Dividend, commented: âThe explosion in PACE financing and its rapid evolution to become a larger part of a property’s equity has prompted Dividend to dramatically increase the resources it devotes to PACE. We will continue to invest aggressively in our PACE business to ensure that Dividend fully meets the clean energy and energy efficiency financing needs of commercial property owners.
PACE (Property Assessed Clean Energy) is a public-private funding mechanism for energy efficiency, renewable energy, water conservation and seismic improvements on private commercial properties. Since its inception, PACE financing has grown across the United States and has reached over $ 2.3 billion in related transaction volume.
For more information on Dividend and its different financing solutions for commercial real estate projects encompassing renewable energy, energy efficiency or resilience, contact [email protected]
View source version on businesswire.com:https://www.businesswire.com/news/home/20211013005203/en/
Katie Giori, Dividend Financing, 8588004939, katie @ dividendfinance.com
KEYWORD: CALIFORNIA UNITED STATES NORTH AMERICA
INDUSTRY KEYWORD: PROFESSIONAL SERVICES ENVIRONMENT OTHER CONSTRUCTION & REAL ESTATE RESIDENTIAL BUILDING & REAL ESTATE FINANCE CONSTRUCTION & PROPERTY BUILDING SYSTEMS
SOURCE: Dividend financing
Copyright Business Wire 2021.
PUB: 10/13/2021 12:30 p.m. / DISC: 10/13/2021 12:32 p.m.
Copyright Business Wire 2021.