by Andrew Rubin | Feb 7, 2023 | Recent Transactions
FMSbonds, Inc. raised $79,750,000 of Special Assessment Bonds for the Avenir Community Development District in Palm Beach Gardens, Florida, as cited by The Real Deal. The funds will be used to construct roads, sewers, sidewalks and other public works for the...
by Andrew Rubin | Jul 29, 2022 | Recent Transactions
FMSbonds, Inc. served as placement agent between the city of Plano, Texas, and a private investment fund in the purchase of approximately $227 million in ad valorem, tax increment reinvestment zone (TIRZ) revenues. The TIRZ revenues are to be generated from property...
by Andrew Rubin | Jul 18, 2022 | Recent Transactions
FMSbonds, Inc. served as placement agent between a developer and private investment fund in the purchase of $31 million of reimbursement receivables generated from net proceeds of future bond sales from a Texas special district. The developer was entitled to...
by Andrew Rubin | Jul 6, 2022 | Recent Transactions
FMSbonds, Inc. served as placement agent between a developer and private investment fund in the purchase of approximately $68.4 million of reimbursement cash flows. The investor purchased the Ad Valorem Tax Revenues at a discount rate, generating a substantial upfront...
by Andrew Rubin | May 12, 2022 | Recent Transactions
FMSbonds, Inc. was the sole underwriter on the North Parkway Municipal Management District’s $81,175,000 Special Assessment Revenue Bonds (Major Improvement Area Project) and $13,300,000 Contract Revenue Bonds (Legacy Hills PID Ph 1A-1B Improvements). Together, the...
by FMSInvestAdm1n | Jan 4, 2022 | Recent Transactions
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...
