News & Updates

Texas | Wells South Public Improvement District

$5,790,000


WELLS SOUTH PUBLIC IMPROVEMENT DISTRICT
NEIGHBORHOOD IMPROVEMENT AREA #1 (CITY OF CELINA, TX)
SPECIAL ASSESSMENT REVENUE BONDS, SERIES 2015


Average Yield Rate: 6.25%


Repayment Term: 30 Years


$8,040,000


WELLS SOUTH PUBLIC IMPROVEMENT DISTRICT
MAJOR IMPROVEMENT AREA
MAJOR IMPROVEMENT PROJECT (CITY OF CELINA, TX)
SPECIAL ASSESSMENT REVENUE BONDS, SERIES 2015


Average Yield Rate: 7.5%


Repayment Term: 30 Years


Date: December 22, 2015


Developer: Hillwood Communities


Type of Financing: Construction Debt Financing Secured Solely by Real Estate


Project Status: Engineering/Design Complete, No Horizontal or Vertical Development at Closing


Construction District: Bond Proceeds Used to Fund Major Infrastructure and
Phase 1 Development Costs


To learn more about this transaction or financing like this that could apply to your project,
please contact Rick Rosenberg at (512) 732-0296 or email at rick.rosenberg@dpfg.com.


Sincerely,


Rick Rosenberg - Managing Principal


www.dpfg.com