FMSbonds Raises $95.8 Million of CDD Bonds for Avenir

FMSbonds Inc. Investment Banking

FMSbonds, Inc. has raised $95,770,000 through tax-exempt bond financings for the Avenir Community Development District in Palm Beach Gardens, Fla.

The bonds funded the public infrastructure associated with the 4,752-acre community and are backed by special assessments.

FMSbonds, Inc. was the sole underwriter of the transaction. Greenberg Traurig served as bond counsel and Squire Patton Boggs was the underwriter’s counsel.

FMSbonds, Inc. is a broker-dealer established in 1978. Its investment banking division is the leading underwriter of land-secured financings in Florida. FMSbonds has raised more than $1.5 billion of tax-exempt bonds for special districts throughout the United States so far in 2021.

For more information, call Jon Kessler, Executive Director, Investment Banking, at 305-692-4124 or email