Richmond University Medical Center
Richmond University Medical Center
Key Aspects
- $132 million bond financing transaction
- Improvements include construction of 35,000 square foot ER department and co-generation power plant
RICHMOND UNIVERSITY MEDICAL CENTER
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…
PINECREST
$48.9 million Tax Increment transaction Final piece of $240 million residential, retail and entertainment district 58 acre site
DREW UNIVERSITY
Financing $15 Million of new projects Allows for refinancing of existing obligations
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