Opportunity

VaLogic provides compliance and technology solutions for the life sciences industry and has been experiencing tremendous growth of late. The company has exceeded their current real estate footprint and preferred to purchase and reposition a 75,000 SF corporate headquarters rather than renting. The vision was to have a building that served as a hub for the life science industry. Purchasing a building is capital intensive and VaLogic wanted to retain as much cash as possible to continue to fuel company growth.

Our Solution

MD Energy Advisors structured a $2.4M C-PACE loan that included 18 months of interest reserve to allow the project to reach stabilization after the reposition. This loan will pay for items including a new HVAC system, plumbing and LED lighting. The C-PACE was provided in addition to the acquisition financing limiting the out of pocket from VaLogic to less than 12% of total project costs.

“This was our first real estate transaction. MD Energy Advisors proactively anticipated our needs throughout the entire process. We intend to purchase and reposition additional office buildings for life science use and will undoubtedly use MD Energy Advisors and C-PACE for those transactions. Overall, a fantastic execution for all involved.”
Bill Robertson
President
VaLogic