by Andrew Rubin | Feb 7, 2023 | Transaction Archive
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 | Transaction Archive
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 | Transaction Archive
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 | Transaction Archive
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 | Transaction Archive
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 13, 2022 | Transaction Archive
FMSbonds, Inc. raised $1.5 billion through high-yield, tax-exempt infrastructure bonds for the homebuilding industry in 2021, finishing the year as the No. 1 underwriter in both Florida and Texas. The firm closed 139 separate transactions. Jon Kessler, Executive...
