Another Successful Closing – Sunstone

Sunstone (Phases I & II)
City of Las Vegas, Nevada
$18,600,000
October 20, 2020

Yield: 4.16%
Maximum Term: 29.5 years
Value-to-Lien Ratio: 4.29 to 1
Average Assessment Per Unit: $11,171
Average Assessment Lien Per Assessable Acre: $80,834
Underwriter: Stifel Nicolaus

Purpose: To reimburse the developer (an affiliate of Lennar Homes, Shea Homes and Woodside Homes) for the costs of regional roadway, water and sewer improvements related to the development of the Sunstone master planned community located in Las Vegas, Nevada.

For more information or how we may assist in the financing of public improvements related to your project, contact Carter Froelich, CPA at 1-855-970-0003 ex. 4355 or email at carter@launch-dfa.com.