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.