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.
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.
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. Click on the link below to see the updated list.
The City of Buckeye, Arizona held a meeting with the development community on October 4, 2018 to discuss the possibility of establishing a water and sewer capacity fee. See the link below related to the capacity fee meeting agenda and powerpoint presentation.
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.
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. Click on the link below to see the updated list.
RCLCO/Launch Top 50 Financing Report
Buckeye, AZ Considering Capacity Fee
The City of Buckeye, Arizona held a meeting with the development community on October 4, 2018 to discuss the possibility of establishing a water and sewer capacity fee. See the link below related to the capacity fee meeting agenda and powerpoint presentation.
Buckeye Capacity Fee Oct 4 2018