Entries by info@iadcr.com

The Launch Report – 1Q19

In this quarter’s Launch Report we address the issue of reducing ever increasing infrastructure costs. Greg Vogel, CEO of Land Advisors Organization, this issue’s guest writer, explores what he has dubbed as “the $250 (per front foot) problem”. We have also included examples of how to offset $250 (front foot) of costs, as well as […]

Marana Adopts a New CFD Policy

The Town of Marana (“Town”) adopted a new CFD policy (“Policy”) at its regular Council Meeting on June 4, 2019. 2019 Amended CFD Policy FINAL The highlights of the Policy include: A. Two Tiered CFD Structure Standard Infrastructure CFD – To be used for development projects that do not have large regional infrastructure items. In […]

Buckeye, AZ Adopts Revitalization District Policy

On May 21, 2019 the Buckeye City Council adopted a policy related to the use of Revitalization Districts (“RD”) to assist in the financing of ever increasing infrastructure costs. This is an important milestone for the City and proves that Buckeye is “open for business” and is willing to work collaboratively with the private sector. […]

Another Successful Closing – Estrella Mountain Ranch

Lucero Assessment District No. 1 Goodyear, AZ $6,913,000 Bond Type: Special Assessment Closing Date: April 26, 2019 Average Coupon: 4.46% Maximum Term: 25 years Overall Value-to-Lien Ratio: 4.86 to 1 Average Assessment Per Unit: $13,218 Purpose: To reimburse the developer for regional roadway, water and sewer improvement costs. For more information or how Launch Development […]

Inaugural Issue – The Launch Report

    We are happy to announce the inaugural issue of The Launch Report, Launch Development Finance Advisor’s Quarterly Newsletter.   In this issue you will find information on: fourth quarter 2018 market statistics; RCLCO’s and Launch’s analysis of how the Top 50  Selling Master Planned Communities are financing their infrastructure; the potential use of […]

RCLCO / Launch Top 50 MPC Financing Report

RCLCO Real Estate Advisors (“RCLCO”) and Launch Development Finance Advisors (“Launch”) have updated the financing mechanisms used by the RCLCO’s Top Selling Master Planned Communities for the year end 2018.  See how MPC are financing their infrastructure by clicking on the link below to see the updated list. RCLCO/Launch Top 50 2018 Financing Report

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 […]

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 […]

How are MPCs Financing Infrastructure?

RCLCO Real Estate Advisors (“RCLCO”) and Launch Development Finance Advisors (“Launch”) have updated RCLCO’s list of the Top  Selling Master Planned Communities to include information related to those projects incorporating special purpose taxing districts to finance public infrastructure.