Advantage Capital

Advantage Capital, established in 1992, is a venture capital firm specializing in growth equity, lending, and mezzanine debt capital investments. It focuses on small businesses, particularly those in low-income communities and underserved areas, supporting state and local economic development efforts. The firm invests across various industries, including manufacturing, technology, business services, and renewable energy, with a typical initial investment range of $0.5 million to $10 million. Advantage Capital provides debt capital in forms such as senior debt, subordinated loans, and government-guaranteed lending, as well as equity capital to real estate development firms. It operates from multiple offices across the United States, with a headquarters in New Orleans, Louisiana.

Al Alvarez

Director

Brian Anderson

Managing Director

Michael Benson

Senior Vice President

Anthony Billings

Vice President

Adam Constantinides

Senior Vice President

Anaëlle Croteau

Vice President

Trey Garland

Senior Associate

Trey Garland

Senior Associate and Investment Team Member

Christopher C. Harris

Principal

Joseph Henderson

Senior Vice President

Joseph Henderson

Senior Vice President, Investment Team

Leah Hendricks

Vice President

Reid Hutchins

Managing Director

Peter Lu

Senior Associate

David McNaught

Vice President

Arjun Mohan

Vice President

Sandra M. Moore

Managing Director, Chief Impact Officer

Jim O'Rourke

Managing Director

Justin N. Obletz

CFO

Tim Perusek

Principal

Josh Rogers

Principal

Gabe Rosen

Vice President

Sam Schlichting

Senior Associate, Investment Team

Talmadge Singer II

Managing Director

Matthew Switzer

Vice President

Tony Toups

Principal

Alexandra Twyman

Vice President and Investment Team Member

Benjamin Warning

Senior Vice President

Jeffrey Gentsch

Venture Partner

J.P. Lynch

Vice President, Investments

Past deals in Commercial Real Estate

Origis Energy

Debt Financing in 2025
Origis Energy Ltd. is a solar development and construction firm focused on large-scale solar photovoltaic (PV) projects across Belgium, Greece, Italy, Slovakia, and the United States. Established in 2008 and headquartered in Limassol, Cyprus, the company specializes in designing, building, and operating solar farms that provide clean electricity to utilities, corporations, and communities. Origis Energy manages the entire project lifecycle, offering services that encompass site assessment, project development, engineering, procurement, construction, and long-term operations and maintenance. Additionally, the company provides asset management services, which include regulatory monitoring, cash management, and financial reporting. It also offers performance management services, emphasizing plant performance analysis and operational efficiency. Origis Energy is committed to delivering clean energy solutions while facilitating equity and debt financing for its projects.

American Door and Hardware

Debt Financing in 2019
American Door and Hardware is a factory direct distributor of brands to commercial and industrial customers.

Momentum Solar

Venture Round in 2018
Momentum Solar is a rapidly growing solar energy company that provides customized solar array installations for residential and commercial properties. The company focuses on generating clean and cost-effective power, allowing customers to save on their monthly electricity bills without any upfront expenses. Momentum Solar offers comprehensive services that include engineering, permitting, installation, and activation of solar systems, ensuring that each installation is tailored to meet the specific needs of the customer. Through these efforts, the company helps clients transition to renewable energy, contributing to a more sustainable future.

Momentum Solar

Debt Financing in 2018
Momentum Solar is a rapidly growing solar energy company that provides customized solar array installations for residential and commercial properties. The company focuses on generating clean and cost-effective power, allowing customers to save on their monthly electricity bills without any upfront expenses. Momentum Solar offers comprehensive services that include engineering, permitting, installation, and activation of solar systems, ensuring that each installation is tailored to meet the specific needs of the customer. Through these efforts, the company helps clients transition to renewable energy, contributing to a more sustainable future.

KFI Seating

Debt Financing in 2017
KFI is a manufacturer of commercial furniture based in Louisville, Kentucky. They manufacture a broad offering of tables and chairs that fit almost any seating solution for Commercial, Hospitality, Education, Government and Healthcare. Most products are manufactured or assembled right here in KY.

Gulf Coast Housing Partnership

Debt Financing in 2016
GCHP is a commercial, residential, and mixed-use development with transformative potential for both end users and communities. They are also fortunate to have strong funding partners supporting day-to-day operations through grants, program-related investments, and predevelopment financing vehicles, providing us with the financial agility to seize market opportunities.

Air Temp Mechanical Services

Debt Financing in 2016
Air Temp Mechanical Services, Inc. is a mechanical contractor based in Southington, Connecticut, specializing in the maintenance and service of commercial and industrial HVAC systems. Established in 1978, the company offers a comprehensive range of services, including design build, preventive maintenance, energy management, and building automation solutions. Its expertise encompasses the installation and servicing of large tonnage chillers, rooftops, ductless VRV/VRF systems, and industrial boilers. Additionally, Air Temp provides technical services related to environmental control systems, process piping, and HVAC systems, catering to a diverse clientele in sectors such as healthcare, education, manufacturing, and government. The company is dedicated to delivering effective mechanical solutions and maintaining optimal system performance for its clients.

American Door and Hardware

Debt Financing in 2015
American Door and Hardware is a factory direct distributor of brands to commercial and industrial customers.

Air Temp Mechanical Services

Debt Financing in 2015
Air Temp Mechanical Services, Inc. is a mechanical contractor based in Southington, Connecticut, specializing in the maintenance and service of commercial and industrial HVAC systems. Established in 1978, the company offers a comprehensive range of services, including design build, preventive maintenance, energy management, and building automation solutions. Its expertise encompasses the installation and servicing of large tonnage chillers, rooftops, ductless VRV/VRF systems, and industrial boilers. Additionally, Air Temp provides technical services related to environmental control systems, process piping, and HVAC systems, catering to a diverse clientele in sectors such as healthcare, education, manufacturing, and government. The company is dedicated to delivering effective mechanical solutions and maintaining optimal system performance for its clients.

Broad Point Energy

Series A in 2014
Broad Point Energy is a provider of stand-by power generation equipment and related support services including residential, commercial, industrial, and maritime. Broad Point Energy is located in South Louisiana.

INDEECO

Debt Financing in 2014
Indeeco designs and manufactures electric heating and thermal management technologies for commercial, industrial markets, military, marine, and rail applications. Their commercial products such as unit heaters, duct heaters, wall, ceiling, and floor heaters, radiant heaters, baseboards, convector heaters, and explosion-proof heaters. Their industrial products such as immersion heaters, circulation, in-line heaters, process air heaters, impedance pipe heating systems, tubular, finned tubular elements, bolt heaters, enclosure heaters, heating, control panels, controls, heat trace, rail heating, and spectrum rail heating solutions. Their applications include industrial heating, commercial heating, process heating, process controls, snow, and ice melting.

Stadium Lodging

Series B in 2014
Stadium Lodging provides and manages development of hotel properties. It operates and develops multiple hotels. Stadium Lodging is based in Missouri, USA.

INDEECO

Debt Financing in 2013
Indeeco designs and manufactures electric heating and thermal management technologies for commercial, industrial markets, military, marine, and rail applications. Their commercial products such as unit heaters, duct heaters, wall, ceiling, and floor heaters, radiant heaters, baseboards, convector heaters, and explosion-proof heaters. Their industrial products such as immersion heaters, circulation, in-line heaters, process air heaters, impedance pipe heating systems, tubular, finned tubular elements, bolt heaters, enclosure heaters, heating, control panels, controls, heat trace, rail heating, and spectrum rail heating solutions. Their applications include industrial heating, commercial heating, process heating, process controls, snow, and ice melting.

New England Linen Supply

Debt Financing in 2013
New England Linen Supply Co., Inc. is a linen and uniform rental service provider based in Pawtucket, Rhode Island. Established in 1886, the company specializes in offering a wide range of products, including table linens, napkins, uniforms, aprons, towels, and various healthcare garments such as scrubs and lab coats. Its clientele spans multiple industries, serving culinary markets like fine dining restaurants and assisted living communities, as well as food processing facilities, healthcare establishments, massage therapy centers, and hair salons. The company is dedicated to meeting the diverse linen and uniform needs of its customers across these sectors.

AV Smoot

Debt Financing in 2013
AV Smoot provides restoration and preservation services of various products. It offers commercial painting and renovation of landmarks. AV Smoot is based in Washington, D.C., USA.

Sustainable Real Estate Solutions (SRS)

Debt Financing in 2012
Sustainable Real Estate Solutions (SRS) is a technology company specializing in energy and sustainability performance management for the commercial real estate industry. Founded in 2009 and based in Trumbull, Connecticut, SRS develops on-demand software solutions that enable stakeholders, including building owners, investors, and lenders, to assess, optimize, and track the energy efficiency of their properties. Its flagship platform, C-PACE Data Management Platform (CDMP), is a web-based SaaS tool that facilitates property-level assessment, benchmarking, and continuous monitoring, while also aiding in energy efficiency project identification and management. SRS serves a diverse range of clients, including energy consultants, government agencies, and property owners and managers.

Stadium Lodging

Debt Financing in 2011
Stadium Lodging provides and manages development of hotel properties. It operates and develops multiple hotels. Stadium Lodging is based in Missouri, USA.

NorthPark

Debt Financing in 2011
NorthPark develops land area and operates it as a business park for various companies. It provides real estate and property management services to clients looking for corporate space. NorthPark is based in Missouri, USA.

Sustainable Real Estate Solutions (SRS)

Seed Round in 2011
Sustainable Real Estate Solutions (SRS) is a technology company specializing in energy and sustainability performance management for the commercial real estate industry. Founded in 2009 and based in Trumbull, Connecticut, SRS develops on-demand software solutions that enable stakeholders, including building owners, investors, and lenders, to assess, optimize, and track the energy efficiency of their properties. Its flagship platform, C-PACE Data Management Platform (CDMP), is a web-based SaaS tool that facilitates property-level assessment, benchmarking, and continuous monitoring, while also aiding in energy efficiency project identification and management. SRS serves a diverse range of clients, including energy consultants, government agencies, and property owners and managers.

Sustainable Real Estate Solutions (SRS)

Debt Financing in 2011
Sustainable Real Estate Solutions (SRS) is a technology company specializing in energy and sustainability performance management for the commercial real estate industry. Founded in 2009 and based in Trumbull, Connecticut, SRS develops on-demand software solutions that enable stakeholders, including building owners, investors, and lenders, to assess, optimize, and track the energy efficiency of their properties. Its flagship platform, C-PACE Data Management Platform (CDMP), is a web-based SaaS tool that facilitates property-level assessment, benchmarking, and continuous monitoring, while also aiding in energy efficiency project identification and management. SRS serves a diverse range of clients, including energy consultants, government agencies, and property owners and managers.

New England Linen Supply

Debt Financing in 2011
New England Linen Supply Co., Inc. is a linen and uniform rental service provider based in Pawtucket, Rhode Island. Established in 1886, the company specializes in offering a wide range of products, including table linens, napkins, uniforms, aprons, towels, and various healthcare garments such as scrubs and lab coats. Its clientele spans multiple industries, serving culinary markets like fine dining restaurants and assisted living communities, as well as food processing facilities, healthcare establishments, massage therapy centers, and hair salons. The company is dedicated to meeting the diverse linen and uniform needs of its customers across these sectors.

Stadium Lodging

Debt Financing in 2010
Stadium Lodging provides and manages development of hotel properties. It operates and develops multiple hotels. Stadium Lodging is based in Missouri, USA.

INDEECO

Debt Financing in 2008
Indeeco designs and manufactures electric heating and thermal management technologies for commercial, industrial markets, military, marine, and rail applications. Their commercial products such as unit heaters, duct heaters, wall, ceiling, and floor heaters, radiant heaters, baseboards, convector heaters, and explosion-proof heaters. Their industrial products such as immersion heaters, circulation, in-line heaters, process air heaters, impedance pipe heating systems, tubular, finned tubular elements, bolt heaters, enclosure heaters, heating, control panels, controls, heat trace, rail heating, and spectrum rail heating solutions. Their applications include industrial heating, commercial heating, process heating, process controls, snow, and ice melting.

Stadium Lodging

Debt Financing in 2008
Stadium Lodging provides and manages development of hotel properties. It operates and develops multiple hotels. Stadium Lodging is based in Missouri, USA.

NorthPark

Venture Round in 2008
NorthPark develops land area and operates it as a business park for various companies. It provides real estate and property management services to clients looking for corporate space. NorthPark is based in Missouri, USA.

NorthPark

Debt Financing in 2008
NorthPark develops land area and operates it as a business park for various companies. It provides real estate and property management services to clients looking for corporate space. NorthPark is based in Missouri, USA.

AV Smoot

Debt Financing in 2007
AV Smoot provides restoration and preservation services of various products. It offers commercial painting and renovation of landmarks. AV Smoot is based in Washington, D.C., USA.

Stadium Lodging

Debt Financing in 2007
Stadium Lodging provides and manages development of hotel properties. It operates and develops multiple hotels. Stadium Lodging is based in Missouri, USA.

Stadium Lodging

Venture Round in 2007
Stadium Lodging provides and manages development of hotel properties. It operates and develops multiple hotels. Stadium Lodging is based in Missouri, USA.

RJB Properties

Debt Financing in 2007
RJB Properties provides commercial real estate and property management services. It looks for land areas and develops them into commercial buildings to be sold for companies. RJB Properties is based in Rhode Island, USA.

AV Smoot

Debt Financing in 2006
AV Smoot provides restoration and preservation services of various products. It offers commercial painting and renovation of landmarks. AV Smoot is based in Washington, D.C., USA.

Grace Lofts

Venture Round in 2004
Grace Lofts offers restaurants, galleries, retail stores, and cafes with outdoor areas. Grace Lofts was founded in 2021 and was headquartered in St. Louis, USA.

Pace Properties

Venture Round in 2004
Pace Properties is a recognized leader in real estate investment and services. Our expertise in the commercial real estate industry - from investment to development to brokerage - makes us the clear choice of investors, owners, communities and retailers who seek a proven partner. Since being founded in 1984, Pace has continued to create value for our clients through our broad knowledge of investment and real estate services.

Grace Lofts

Debt Financing in 2004
Grace Lofts offers restaurants, galleries, retail stores, and cafes with outdoor areas. Grace Lofts was founded in 2021 and was headquartered in St. Louis, USA.

Pace Properties

Debt Financing in 2004
Pace Properties is a recognized leader in real estate investment and services. Our expertise in the commercial real estate industry - from investment to development to brokerage - makes us the clear choice of investors, owners, communities and retailers who seek a proven partner. Since being founded in 1984, Pace has continued to create value for our clients through our broad knowledge of investment and real estate services.

200 Carondelet

Debt Financing in 2001
200 Carondelet is a 24-story skyscraper with a styled facade from the past along with all the latest amenities. The community amenities include a fitness center featuring cardio theatre and MP3 connectivity, a WiFi hotspot, a community lounge with HDTV, a pool area, a conference room, a business center, and controlled/key fob access to the building. Contemporary gourmet kitchens, custom wood cabinetry, stainless steel energy star appliances, porcelain tile flooring, stylish Bali window shades, granite countertops throughout, fully furnished corporate units, frontloading washer and dryer in unit, hurricane impact windows, pre-wired for telephone, television, and internet, programmable climate control air conditioning, and breathtaking views of the Mississippi River and French Quarter are among the interior amenities. It was built in 1929 and listed on the National Register of Historic Places in 1986. It is based in New Orleans’ Central Business District.

RM Construction of Louisiana

Debt Financing in 1994
RM Construction of Louisiana is a contracting company that focuses on commercial and residential construction. It is located in La, California, United States.
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