Drew University
Drew University
Key Aspects
- Financing $15 Million of new projects
- Allows for refinancing of existing obligations
DREW UNIVERSITY
BROOKS DEVELOPMENT AUTHORITY
$55 million tax-exempt and taxable revenue bonds; up to $95 million permitted 1,200-acre former campus of Brooks Air Force Base…
EASTERN MICHIGAN UNIVERSITY
$59 Million public-private transaction 35 year agreement monetizes University’s parking operation Allows funding of long-term investments in academic facilities/programs
ROOSEVELT UNIVERSITY
Debt restructuring part of University’s turnaround plan Restructuring provides relief from debt service obligations
PINECREST
$48.9 million Tax Increment transaction Final piece of $240 million residential, retail and entertainment district 58 acre site