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Geoff Appleyard Joins DPFG, Inc.
November 3rd, 2009
Development Planning & Financing Group Inc. (“DPFG”) is proud to announce the addition of Geoffrey Appleyard as a Principal. Where he will focus on the firm’s Strategic Planning and Development Services Group. Geoff has over 24 years of experience in real estate development and has extensive expertise in CFO responsibilities that include: acquisitions analysis, major asset disposition,
financial management and reporting, corporate, project, and public finance, HR issues and organizational planning.
As CFO of SunCor Development Company (“SunCor”), Geoff enabled SunCor to become the first developer in Arizona to extensively use Community Facility District (“CFD”) financings. Thru mutually beneficial relationships involving SunCor and various cities, SunCor formed seven CFD’s in Arizona with over $450M in bonding capacity.
SunCor was also successful in financing public improvements thru the use of Improvement District (“ID”) financings in New Mexico and Utah. Geoff also completed the issuance of Industrial Development Authority (“IDA”) Bonds to build an environmental award winning and state of the art sewer plant for Litchfield Park Service Company (“LPSCo”) in Goodyear, Arizona. LPSCo was SunCor’s water and sewer utility. Upon the maturity of the operations of LPSCo, Geoff negotiated the sale of the company to a Canadian firm.
Due to the success and stability of the above private/public financings and partnerships, Geoff was a requested speaker at “alternative finance” panels that were sponsored by governmental groups and his input was also requested on many Arizona city CFD policies.
During his tenures as CFO of SunCor and Brown Family Communities (“BFC”), these two organizations used a wide array of financing alternatives from private offerings to project finance to corporate lines of credit in addition to the CFD, ID, and IDA tax exempt financings. During this time, every financing was structured to fulfill the developer’s needs while mitigating the lenders’ risks.
“We as a firm are very pleased that Geoff has decided to join DPFG”, says John Foreman, President and CEO of DPFG, Inc. Geoff’s stellar resume’, experience, and analytical capabilities in regards to every type of development will allow DPFG to continue to provide innovative real world solutions to the challenges that the development community faces in today’s difficult market.
DPFG is a full service nationwide real estate advisory firm offering its clients assistance in Strategic Planning, Market Advisory Services, Land Secured Public Financings, Capital Markets, Financial Advisory Services , as well as Entitlement and Development Services.
To speak further with Geoff, please contact him at 602.381.3226 ext. or 602.710.5773.
