Khan joins PACE Loan Group as vice president – capital markets

Manhattan, NY PACE Loan Group (PLG) continues to build its national platform with the addition of Eizaan Khan in the New York City office. Khan joins as vice president – capital markets, where he will focus on general capital markets strategies Khan joins as vice president – capital markets, where he will focus on securitization, managing warehouse facilities, and investor relations. 

He will report to Bali Kumar, COO – PACE Loan Group. PLG opened its NYC office earlier in 2024, adding Loren Biller and Robbie Pinkas as senior vice presidents – originations, and Felix Men as a financial analyst. 

“Eizaan’s experience will bolster our strength in assessing and valuing our lending instruments, bringing our clients additional depth and strength to our ability as direct lenders for C-PACE loans,” said Rafi Golberstein, CEO and founder – PACE Loan Group. “As C-PACE legislation continues to expand across the country, this financing tool is becoming critical to commercial property owners to fund renovations, stalled development, and new construction.”

Khan has spent his career at Morningstar DBRS, most recently as an assistant vice president – North American CMBS, focused on new issuances of Commercial Mortgage-Backed Securities (CMBS), Asset-Backed Securities (ABS), and Residential Mortgage-Backed Securities (RMBS). He was based in the company’s New York office, where he was responsible for CRE underwriting and modeling for conduit, single-asset single borrower (SASB), CRE CLO, Data Center, C-PACE, and credit-tenant lease (CTL) transactions. His role also included analyzing transaction structures, methodology, and valuation methods. He has been with Morningstar DBRS since 2016, 

His experience includes underwriting loans across all property types, markets, and geographies as well as financial modeling for conduit, single-asset single borrower (SASB), and CRE CLO, Freddie Mac, C-PACE, and credit-tenant lease transactions. 

PLG now operates from five offices – the Minneapolis headquarters, Grand Rapids, Minn., Chicago, San Diego, and NYC. 

As the leading direct C-PACE lender, PLG has completed more than 175 C-PACE loans across 19 states with institutional backing from AB CarVal, a subsidiary of Alliance Bernstein