Launch Development Finance Advisors, partnering with RCLCO Real Estate Consulting, delivered its Mid-Year 2023 Infrastructure Financing Mechanisms for the Top 50 Master Planned Communities (MPC). Among the findings in this report, developers, and builders of the top MPCs continue to rely heavily on public financing mechanisms to construct infrastructure with 86% of home sales occurring within a special taxing district.
RCLCO / Launch 2023 Mid-Year Report
Estimated net construction proceeds from special district financing for a sample lot in top selling MPCs averaged over $30,300 with estimated property taxes as a percentage of home prices just under 2.2%.
Texas continues to dominate the list with 22 MPCs in the Top 50, 20 of which use special districts to finance infrastructure. Florida is second with 16 MPCs on the list, 12 of which use special districts.
If you are interested in learning more about special district financing and how it can benefit your project, please contact Pamela Giss at pamelag@launch-dfa.com or call (480) 874-4358.
The Launch Report™ – Fourth Quarter 2023
In this issue of The Launch Report™ you will find articles related to the three components of IRR and how to positively impact your Project’s IRR as well as new issuances of the Texas Forward Funding Launch Bond™. We have added Land Advisors Organization’s Markets at a Glance Charts and lastly, we have provided links to the newest episodes of the Land to Lots™ Podcast series.
The Launch Report™ – Third Quarter 2023
In the Q3 Edition of The Launch Report™, we will learn about Land Light strategies and how they can benefit Home Builders and Landowners. We also include the 2023 Mid-Year Top Selling Master Planned Communities Report sent out by RCLCO, along with Launch’s updated financing matrix to illustrate just how these top-selling MPCs are financing their infrastructure. We will talk about Texas’s SB 2038 bill which went into effect September 1, 2023, and how SB 2038 will allow landowners to de-annex out of a city. And lastly, we investigate the MUD Forward Funding Launch Bond™ as it compares to the Texas Infrastructure Program (“TIPS”) when looking at Bond Proceeds.
Top Master Planned Communities Rely on Public Finance – RCLCO / Launch Mid-Year 2023 Infrastructure Financing Mechanisms
Launch Development Finance Advisors, partnering with RCLCO Real Estate Consulting, delivered its Mid-Year 2023 Infrastructure Financing Mechanisms for the Top 50 Master Planned Communities (MPC). Among the findings in this report, developers, and builders of the top MPCs continue to rely heavily on public financing mechanisms to construct infrastructure with 86% of home sales occurring within a special taxing district.
RCLCO / Launch 2023 Mid-Year Report
Estimated net construction proceeds from special district financing for a sample lot in top selling MPCs averaged over $30,300 with estimated property taxes as a percentage of home prices just under 2.2%.
Texas continues to dominate the list with 22 MPCs in the Top 50, 20 of which use special districts to finance infrastructure. Florida is second with 16 MPCs on the list, 12 of which use special districts.
If you are interested in learning more about special district financing and how it can benefit your project, please contact Pamela Giss at pamelag@launch-dfa.com or call (480) 874-4358.
The Launch Report™ – Second Quarter 2023
In the 2Q 2023 issue of The Launch Report, you’ll find a description of the innovative non-recourse, tax-exempt MUD Forward Funding Capital Appreciation Bond developed by Launch to accelerate the receipt of construction proceeds into a project’s cash flow. Additionally, we’ve included an article related to items one should consider when financing MPC related improvements. Lastly, we’ve included links to obtain a free copy of Carter Froelich’s new book, Land To Lots – How to Borrow Money You Don’t Have to Pay Back and LAUNCH Master Planned Communities.
Enjoy and remember to dig deep and build strong!
The Launch Report™ – First Quarter 2023
In the Q1 2023 Launch Report, we outline the reasons for the continued increase in homebuilder sentiment. We lay out powerful financing tools that our clients can utilize in Texas to help access non-recourse, long-term, tax-exempt bond financing via the public debt markets to make deals “pencil”. We’ve also included a listing of last quarter’s Land to Lots Podcasts to allow you to turn your car into a rolling university.
As always, we have included Land Advisors Organization’s Markets at a Glance.
Dig deep and build strong!
The Launch Report™ – Fourth Quarter 2022
In this quarter’s Launch Report™, we’ve outlined 22 ideas to position your project for “the next wave”. Additionally, get the details on how RCLCO’s Top 50 Selling Master Planned Communities are financing their infrastructure and learn what financing tool developers in Arizona are using to “Launch” their development projects. We’ve also included the listing of all the Land to Lots™ podcasts available for streaming.
As always, we have included Land Advisors Organization’s Markets at a Glance.
Dig deep and build strong!
The Launch Report™ – Third Quarter 2022
In this issue of the Launch Report™, you’ll find a common oversight that we have witnessed time-after-time during down markets that without proper attention, could cost your company millions of dollars.
Furthermore, we’ve included RCLCO‘s Mid-year 2022 Top Selling MPC Report along with Launch’s drill down into their infrastructure financing strategies. I’ve also featured observations and strategies for MPC developers to consider in changing time along with an introduction of the Land to Lots™ podcast. As always, we’ve included the Land Advisor Organization‘s Markets at a Glance charts for the third quarter 2022.
Enjoy!
The Launch Report™ – Second Quarter 2022
In this issue of the Launch Report, we have in interview with Brook Cole of GWC Capital on how they stay on time and on budget with the build out of their 6,000+ acre Spring Valley master plan community located in Boise, Idaho. Additionally, we have the takeaways from “The Impact of Rising Interest Rates” panel discussion as well as the Land Advisor Organization’s “Markets at a Glance” charts.
I hope that you enjoy this issue of the Launch Report!
View Panel Discussion on Impact of Rising Interest Rates
Rising interest rates are impacting how land developers and builders are looking at the market. Click on the link below to learn more.
The Launch Report™ – First Quarter 2022
In this issue of the Launch Report we layout 45 development strategies that may be helpful as we move forward in an environment of increasing horizontal construction costs, supply chain challenges, and rising interest rates.
I hope you enjoy!
Carter Froelich