Another Successful Closing – Skye Canyon

Skye Canyon – Phase III 

Las Vegas, Nevada 

$12,500,000 

Average Yield: 4.92 % 

Maximum Term: 30 years 

Value-to-Lien Ratio: 4.1 to 1 

Average Assessment Per Unit: $9,750 

Launch Development Finance Advisors working with our client, KAG Property, LLC (“KAG”); the City of Las Vegas, and Stifel Nicolaus closed the above transaction in late December 2018 to reimburse KAG for regional roadway, water and sewer improvement costs.

For more information or how Launch Development Finance Advisors can assist in the financing of infrastructure costs associated with your project, contact Carter Froelich, CPA at 480-874-4355 or email at carter@launch-dfa.com.   

www.launch-dfa.com

Another Successful Closing – Rainbow Canyon

Rainbow Canyon – Phase I

Henderson, Nevada

$17,805,000

Average Yield: 5.18%

Maximum Term: 30 years

Value-to-Lien Ratio: 7.49 to 1

Average Assessment Per Unit: $12,745

Underwriter: Stifel Nicolaus

Purpose: To reimburse the developer for costs of regional roadway, water and sewer improvements related to the development of Phase I of Rainbow Canyon located on the North Shore of Lake Las Vegas.