Success stories

Over the past twenty years we have helped our clients' successfully restructure their operations, obtain financing, realize their visions and implement strategies to accumulate cash resources to establish endowments. The success stories below are but a few of many that demonstrate our expertise in nonprofit organization financing, consulting and endowment planning.

California Crosspoint Academy

• Arranged $ 7,299,750 of tax-exempt bond financing with an interest rate of 2.95% and term of 10 years. The proceeds of the financing were used to acquire and improve the former Heald College building in Hayward, California.
• Obtained a credit enhancement that reduced the overall risk of the tax-exempt financing and made it possible to obtain the best terms available. The credit enhancement will save the School over $ 1 million of interest cost during the next ten years.

Miami Arts Charter School

• Secured a land loan of $ 5,700,000 with a 114% loan-to-value ratio. The loan proceeds were used to acquire 1.1 acre of land in the Wynwood Arts District of Miami, Florida and pay certain development and closing costs.
• Obtained $ 34 million of tax exempt bond proceeds to construct new Wynwood charter school, refinance the land loan and pay closing costs. The term of the bonds is 30 years and the interest rates vary by maturity.

Goodwill Industries of Central Florida

• Developed a high level real estate strategic plan outlining a rationale and roll-out strategy to help lenders get comfortable with the organizations plans to build new retail stores and donor centers. As a result, lenders were willing to offer proposals with excellent terms, including a low fixed interest rate  
• Secured $ 18 million of tax exempt bond financing with a fixed interest rate of 2.78%, amortization period of 25 years and term of 10 years. These favorable terms resulted in an interest savings of over $ 1 million.

Bridgeway Community Church (BCC)

• Recommended and facilitated a strategic planning process to grow revenue and restructure BCC's operating costs to improve cash flow. Consequently, the Church's cash flow improved  more than $ 1.5 million within 18 months.
• Designed the framework of a one-time capital campaign on a Friday that allowed BCC to collect in excess of $ 220,000 (above normal giving) one week later.
• Syndicated a $ 10 million loan that allowed the Church to acquire a building. Two banks, the seller and a REIT participated in the loan syndication. The financing resulted in an interest savings in excess of $1 million.