Jason is the co-founder and president of MD Energy Advisors where he leads financial solutions for the organization with a concentrated focus on CPACE. He is a leading energy entrepreneur and a pioneer in energy cost reduction for commercial property owners. He co-founded MD Energy Advisors after identifying the need for an energy company that could help the real estate community reduce energy spend to maximize profitability.
In 2010, Jason also co-founded PointClickSwitch, a proprietary online platform powered by MD Energy Advisors that helps residential customers in deregulated energy markets save on utility costs through comparison shopping.
Prior to starting MD Energy Advisors and PointClickSwitch, Jason served as development manager for A&R Development and an economic development officer for Baltimore Development Corporation, where one of his key projects was Baltimore’s first casino.
He is a past president of the alumni association for McDonogh School, serves on the real estate committee for The Associated: Jewish Federation of Baltimore, and is a board member for Northwest Hospital. Jason earned a Master of Business Administration (MBA) from Loyola University Maryland and a bachelor’s degree in government from Franklin & Marshall College. In 2018, Jason graduated from the Goldman Sachs 10,000 Small Businesses program.
A viable finance option of which self-storage owners and investors may not be aware is the Commercial Property Assessed Clean Energy (CPACE) program, which can be used to fund environmentally friendly property improvements. Learn how it works and why it’s a particularly good fit for some real estate developers.
MD Energy Advisors is a Baltimore-based commercial, utility and financing energy solutions company that helps businesses and government agencies grow greener.
MD Energy Advisors, a commercial, utility, and financing energy solutions company, recently secured $2+ million in CPACE financing for Old Dobbin Business Park, a 26-acre facility with four single story office buildings and two 2-story office buildings, sponsored by Goodier Properties and Centennial Medical Group. This is the first project...
Commercial Property Assessed Clean Energy (CPACE) is an innovative financing tool that makes it possible for owners of commercial, industrial and other non-residential properties to obtain low-cost, long-term financing for energy efficiency, water conservation and renewable energy projects.
Given today’s higher interest rates, and in turn, a reduction in project cash flow, the proverbial tables have turned, and a greater number of projects are currently debt constrained rather than cost constrained. In the dynamic world that we live in, options are always a plus. CPACE fits in the capital stack regardless of market conditions – debt constraints or not – the only change is the output to sponsors/investors. Even with debt constraints, we are closing projects in all asset classes with recent successes in multifamily, office and senior housing, hospitality, and self-storage, as a result of CPACE.
CPACE- Try it you'll like it!