(L-R) Adler & Stachenfeld partners Danielle Ash and YuhTyng Patka, co-leaders of the firm's newly created impact real estate practice; Terri Adler, managing partner of the firm. Courtesy photos New York's Adler & Stachenfeld Launches Practice For 'Impact' Investing
"One of the biggest reasons now is that clients are interested in PACE financing is that there are economic benefits for the long-term," said Danielle Ash, one of the partners leading the new practice. "It's not just because it's good for the world; it's good for shareholders. It has measurable impact for the communities and investors as well."
June 17, 2023 at 12:00 PM
5 minute read
The original version of this story was published on Pro Mid-Market
Within days of Massachusetts Mutual Life Insurance announcing the purchase of a majority stake in sustainable financier Counterpointe, the New York City-based boutique real estate law firm that brokered the deal from the sell-side formalized a practice centered on similar types of client engagements.
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