Billingsley and Wilkin join Bayview PACE in New York City

 

 

Manhattan, NY Coral Gables, FL-based Bayview PACE has named Michael Billingsley as vice president-transaction management and Ian Wilkin as senior associate-marketing supporting the firm’s long-term commitment to C-PACE. In joining the firm’s New York office, they join a growing Bayview operation that closed some of the largest C-PACE financings last year, helping the industry grow from $2.2 billion in 2024 to $3.6 billion last year, a 63% rise. As one of the strongest balance-sheet lenders in the C-PACE sector, Bayview PACE has finance teams lending across all 40 states where C-PACE is active.

Billingsley, based in New York City and Philadelphia with 16 years of finance industry experience, structures and executes C-PACE debt originations in commercial real estate for the Bayview PACE team nationally. He held prior positions at Nuveen, Freddie Mac Multifamily, Greystone and NorthMarq, and has a bachelor’s degree from University of Virginia and a Master’s in Real Estate Finance from Georgetown.

Based in the firm’s New York City office, Wilkin leverages 12 years of marketing experience building impactful awareness campaigns across the public and private sectors. A Drexel University graduate, Ian began his career as a marketing coordinator for an e-sports gaming company before transitioning to public service, where he supported communications and outreach for a New York State Assembly member. He also worked at Nuveen Green Capital helping advance its marketing for C-PACE financing.
Bayview PACE’s Commercial Property-Assessed Clean Energy (C-PACE) financing offers favorable and cost-effective terms for qualified improvements in energy, lighting, water systems, building envelope and other resiliency components, and it can be applied to new construction as well as renovations. C-PACE financings to date in the U.S. exceed well over $13 billion. It has been approved through legislation in 40 states, gaining popularity among real estate owners and the financial institutions looking to serve them.

Bayview PACE, a division of Bayview Commercial Mortgage Finance, LLC, provides creative financing solutions that combine C-PACE lending with construction and bridge capital. Unlike most PACE-only providers, Bayview PACE partners with commercial property owners and developers to deliver a full capital stack solution.