{"id":80,"date":"2017-05-10T18:27:07","date_gmt":"2017-05-10T18:27:07","guid":{"rendered":"https:\/\/straeadvisoryservices.com\/?post_type=project&p=80"},"modified":"2020-05-26T17:05:55","modified_gmt":"2020-05-26T23:05:55","slug":"belmar","status":"publish","type":"project","link":"https:\/\/straeadvisoryservices.com\/about\/project\/belmar\/","title":{"rendered":"Belmar"},"content":{"rendered":"

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Belmar – Lakewood, CO<\/strong><\/h3>\n

As COO of Continuum Partners, Mark worked closely with RBC Capital Markets to realize a $102M refinancing of Belmar\u2019s public financing debt.\u00a0 The transaction was predicated on Belmar\u2019s past, current, and future development velocity and resulting public finance revenues. \u00a0Mark was personally responsible for all public finance projections for the transaction.\u00a0 Briefing investors and underwriters on the details for the transaction. Tax increment, special districts, lodger\u2019s tax, and public improvement fee revenues were all included in pledged revenues for bondholders.\u00a0 Closing in early 2013, the transaction reduced the interest rate of the senior debt by over 3.75%.\u00a0 In mid-2016, Strae Advisory Services worked extensively with Stifel investment bankers, Municap, and a private investor to consummate a transaction, which monetized the subordinate cash flow available after senior debt service.
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Belmar – Lakewood, CO As COO of Continuum Partners, Mark worked closely with RBC Capital Markets to realize a $102M refinancing of Belmar\u2019s public financing debt.\u00a0 The transaction was predicated on Belmar\u2019s past, current, and future development velocity and resulting public finance revenues. \u00a0Mark was personally responsible for all public finance projections for the transaction.\u00a0 […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","template":"","meta":{"_et_pb_use_builder":"on","_et_pb_old_content":"

Belmar - Lakewood, CO<\/i>\r\n\r\nAs COO of Continuum Partners, Mark worked closely with RBC Capital Markets to realize a $102M refinancing of Belmar\u2019s public financing debt.\u00a0 The transaction was predicated on Belmar\u2019s past, current, and future development velocity and resulting public finance revenues. \u00a0Mark was personally responsible for all public finance projections for the transaction.\u00a0 Briefing investors and underwriters on the details for the transaction. Tax increment, special districts, lodger\u2019s tax, and public improvement fee revenues were all included in pledged revenues for bondholders.\u00a0 Closing in early 2013, the transaction reduced the interest rate of the senior debt by over 3.75%.\u00a0 In mid-2016, Strae Advisory Services worked extensively with Stifel investment bankers, Municap, and a private investor to consummate a transaction, which monetized the subordinate cash flow available after senior debt service.<\/span><\/p>","_et_gb_content_width":"","footnotes":""},"project_category":[],"project_tag":[],"class_list":["post-80","project","type-project","status-publish","hentry"],"yoast_head":"\nBelmar - Strae Advisory Services<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/straeadvisoryservices.com\/about\/project\/belmar\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Belmar - 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