Kutak Rock

Preston Hollow Community Capital Closes $202,500,000 Tax-Exempt Pooled Securities (TEPSTM ) Financing

Retrieved on: 
Monday, February 26, 2024
Banking, Professional Services, Training, Other Construction & Property, State, Local, Asset Management, University, Construction & Property, Education, Public Relations, Investor Relations, Communications, Finance, Public Policy, Government, Kutak Rock, PHCC, Class, Disclosure, Public finance, LLP, Sponsor

Preston Hollow Community Capital (“Preston Hollow” or “PHCC”), a provider of specialized impact financing solutions for projects of social and economic importance to local communities, announces the February 14, 2024 pricing and February 23, 2024 closing of a $202.5 million Tax-Exempt Pooled Securities (“TEPSTM”) financing through the Public Finance Authority (“PFA”).

Key Points: 
  • Preston Hollow Community Capital (“Preston Hollow” or “PHCC”), a provider of specialized impact financing solutions for projects of social and economic importance to local communities, announces the February 14, 2024 pricing and February 23, 2024 closing of a $202.5 million Tax-Exempt Pooled Securities (“TEPSTM”) financing through the Public Finance Authority (“PFA”).
  • The Certificates are secured by a collateral pool of tax-exempt bonds, the vast majority of which were directly originated by PHCC.
  • TEPSTM provides PHCC with an attractive cost of capital, a more standardized financing structure and reliable access to long-term funding through the tax-exempt capital markets.
  • Jim Thompson, Chairman and CEO of Preston Hollow, commented, “This is our second TEPSTM transaction following our successful 2023 inaugural issuance, and we’re gratified by the strong market reception.

State of State-Level Historic Tax Credits Set for Discussion at Novogradac Conference

Retrieved on: 
Wednesday, August 30, 2023
LLP, Partnership, BakerHostetler, Squire Patton Boggs, Rehabilitation, National Trust Community Investment Corporation, HTC, Kutak Rock, National Park Service, Chase, National Trust, Barnes & Thornburg, History of the National Park Service, Conference, Video game

SAN FRANCISCO, Aug. 30, 2023 /PRNewswire-PRWeb/ -- Panelists and participants will dive deeper into the possible benefits that state-level historic tax credits (HTCs) can bring a rehabilitation project in a session that will also showcase the federal and state HTCs' private-public partnership at the Novogradac 2023 Historic Tax Credit Conference, Oct. 12-13, at the Charlotte Marriott City Center in Charlotte, North Carolina.

Key Points: 
  • Novogradac to Host 2023 Historic Tax Credit Conference, Oct. 12-13, in Charlotte, North Carolina
    SAN FRANCISCO, Aug. 30, 2023 /PRNewswire-PRWeb/ -- Panelists and participants will dive deeper into the possible benefits that state-level historic tax credits (HTCs) can bring a rehabilitation project in a session that will also showcase the federal and state HTCs' private-public partnership at the Novogradac 2023 Historic Tax Credit Conference , Oct. 12-13, at the Charlotte Marriott City Center in Charlotte, North Carolina.
  • "With the cost of other project funding sources increasing as interest rates have increased, more projects are needing subsidies such as state historic tax credits," said Tom Boccia, a partner in Novogradac's Cleveland office and chair of the conference.
  • "With the cost of other project funding sources increasing as interest rates have increased, more projects are needing subsidies such as state historic tax credits.
  • The conference also includes a ceremony honoring recipients of the 2023 Novogradac Journal of Tax Credit Historic Rehabilitation Awards , which recognize outstanding developments that strive for excellence in historic preservation.

Prominent Mergers and Acquisition, Securities Attorney Richard Lieberman Joins Kutak Rock

Retrieved on: 
Monday, August 14, 2023
Legal Entity Identifier, University, Ninth, Fifth Circuit Four, Corporate governance, Lawyer, Insolvency, Illinois College, University of Illinois Urbana-Champaign, Law, NYSE, Private investigator, Financial services, Financial adviser, Kutak Rock

SCOTTSDALE, Ariz., Aug. 14, 2023 /PRNewswire/ -- Kutak Rock is pleased to announce that Richard Lieberman (Rick), a business transactions attorney with more than 38 years of experience, has joined its business, securities and corporate practice group in the firm's Scottsdale office.

Key Points: 
  • SCOTTSDALE, Ariz., Aug. 14, 2023 /PRNewswire/ -- Kutak Rock is pleased to announce that Richard Lieberman (Rick), a business transactions attorney with more than 38 years of experience, has joined its business, securities and corporate practice group in the firm's Scottsdale office.
  • "Rick's experience provides him with a unique perspective that will be of enormous value to our regional and national clients."
  • Rick has diverse experience in a broad range of business law issues including mergers and acquisitions, securities, corporate governance, and finance.
  • I am delighted to join Kutak Rock and look forward to fostering future collaboration with my new colleagues."

Preston Hollow Community Capital Completes $85 Million Bond Purchase for Mixed-Use Development in Westbrook

Retrieved on: 
Tuesday, August 8, 2023
Professional Services, Residential Building & Real Estate, Commercial Building & Real Estate, Finance, Construction & Property, Asset Management, Urban Planning, HarbourVest Partners, PHCC, Education, K2, FAME, Dana–Farber Cancer Institute, McGuireWoods, K-12, Jules Kroll, BBB, TIAA, City, Buffalo Niagara Medical Campus, Economic development, Kutak Rock, Insurance, Bond

Preston Hollow Community Capital (“PHCC”) recently announced the purchase of $85.7 million in tax-exempt revenue bonds issued by the Finance Authority of Maine (“FAME”).

Key Points: 
  • Preston Hollow Community Capital (“PHCC”) recently announced the purchase of $85.7 million in tax-exempt revenue bonds issued by the Finance Authority of Maine (“FAME”).
  • Proceeds from the bonds will be used to fund the development of critical public infrastructure in a 65-acre mixed-use development in Westbrook, Maine known as Rock Row.
  • This transaction serves as a follow-on investment to PHCC’s original support of the Rock Row development through its investment in FAME’s 2019 bond issuance.
  • Preston Hollow Community Capital is a market leader in providing specialized impact finance solutions for projects of significant social and economic importance to local communities in the United States.

Spokane Urology Has Joined Solaris Health

Retrieved on: 
Tuesday, May 16, 2023
General Health, Health, Oncology, Practice Management, McDermott Will & Emery, Diagnosis, LLP, HMA, PS, Lee Equity Partners, Patient, Kutak Rock, Dentistry

Solaris Health Holdings announced today that Spokane Urology, serving Spokane and Spokane Valley in Washington state, has joined as an affiliate.

Key Points: 
  • Solaris Health Holdings announced today that Spokane Urology, serving Spokane and Spokane Valley in Washington state, has joined as an affiliate.
  • Spokane Urology, the largest and longest-standing urology practice in Spokane, brings to Solaris the skills and talents of 19 providers who care for 16,500 unique patients each year.
  • The addition of Spokane Urology means that Solaris now aligns the skills and talents of over 615 providers who annually care for over 865,000 unique patients located in 13 states.
  • McDermott Will & Emery LLP served as legal counsel to Solaris on the Spokane Urology deal.

Adam Baird Named Managing Partner of Kutak Rock's Spokane Office

Retrieved on: 
Monday, May 1, 2023
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SPOKANE, Wash., May 1, 2023 /PRNewswire/ -- Kutak Rock is pleased to announce that Adam Baird has been named managing partner of the firm's Spokane office effective April 1.

Key Points: 
  • SPOKANE, Wash., May 1, 2023 /PRNewswire/ -- Kutak Rock is pleased to announce that Adam Baird has been named managing partner of the firm's Spokane office effective April 1.
  • Baird joined Kutak Rock in 2015 and has been resident in the Spokane office nearly since its inception.
  • "Adam provides comprehensive, dedicated legal service to his clients and is equally committed to the success of his colleagues," said Paul S. Gerding, Jr., managing partner of Kutak Rock's Scottsdale region.
  • John Petr, Chair of Kutak Rock, noted "Adam is a proven leader, talented attorney, and key member of our national public finance tax practice group.

First National of Nebraska Closes Acquisition of Northland Capital Holdings

Retrieved on: 
Monday, May 1, 2023
Banking, Other Professional Services, Professional Services, Finance, Government, First National of Nebraska, First National, Acquisition, Kutak Rock, Retail

First National of Nebraska, Inc. (FNNI) today announced that it has closed on its acquisition of Northland Capital Holdings, including its subsidiary Northland Securities, Inc. (Northland), which was originally announced in January.

Key Points: 
  • First National of Nebraska, Inc. (FNNI) today announced that it has closed on its acquisition of Northland Capital Holdings, including its subsidiary Northland Securities, Inc. (Northland), which was originally announced in January.
  • “First National of Nebraska is delighted to fully welcome Northland and have already seen great alignment with the teams,” said David Cota, Executive Vice President, FNNI.
  • “This transaction has been incredibly positive on many fronts, and we look forward to building on the momentum we’ve seen so far.”
    Northland Securities will operate as a subsidiary of FNNI, and the Northland brand will continue with all Northland subsidiaries including Northland Securities and Northland’s capital markets divisions.
  • This acquisition enhances the capabilities of First National Capital Markets, another FNNI subsidiary, and its strong presence in Nebraska municipal bond underwriting.

Paul S. Gerding, Jr. Elected Managing Partner of Kutak Rock's Scottsdale Region

Retrieved on: 
Wednesday, April 12, 2023
Nether Providence Township, Delaware County, Pennsylvania, University, Chicago-Kent College of Law, Eastern Washington, Paul's walk, United States Supreme Court Building, Creativity, Trust, Champaign–Urbana metropolitan area, Supreme court, Pleasure, Practice of law, Kutak Rock

SCOTTSDALE, Ariz., April 12, 2023 /PRNewswire/ -- Kutak Rock is pleased to announce that Paul S. Gerding, Jr. has been elected managing partner of the firm's Scottsdale region—comprised of offices in Scottsdale, Arizona and Spokane, Washington—effective April 1.

Key Points: 
  • SCOTTSDALE, Ariz., April 12, 2023 /PRNewswire/ -- Kutak Rock is pleased to announce that Paul S. Gerding, Jr. has been elected managing partner of the firm's Scottsdale region—comprised of offices in Scottsdale, Arizona and Spokane, Washington—effective April 1.
  • Gerding comments, "during my nearly two decades at Kutak Rock, I've watched the firm's service and value proposition distinguish us in the markets we serve.
  • Mark Nethers, outgoing managing partner for the region, remarks, "I've had the pleasure of working alongside Paul since his arrival at Kutak Rock.
  • I am confident that Scottsdale and Spokane—every Kutak Rock office, for that matter—will benefit from Paul's energy, creativity and work ethic."

Buck Heim Elected Managing Partner of Kutak Rock's Omaha Regional Office

Retrieved on: 
Monday, April 3, 2023
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OMAHA, Neb., April 3, 2023 /PRNewswire/ -- Kutak Rock is pleased to announce that Buck Heim has been elected regional managing partner of the firm's offices in Omaha, Minneapolis, Chicago and Philadelphia effective April 1.

Key Points: 
  • OMAHA, Neb., April 3, 2023 /PRNewswire/ -- Kutak Rock is pleased to announce that Buck Heim has been elected regional managing partner of the firm's offices in Omaha, Minneapolis, Chicago and Philadelphia effective April 1.
  • Mike Curry, outgoing managing partner for the Omaha Regional Office, noted, "Having known and worked with Buck for more than 25 years, I am confident that Buck's leadership and guidance will facilitate the continued growth and expansion of our local, regional and national practices.
  • Curry continued, "It has been an honor and a privilege to serve as the Omaha Regional Office managing partner.
  • "We also want to thank Mike for his 15 years of dedication and exemplary service to Kutak Rock as Omaha Regional Managing Partner," said Petr.

Intellectual Property Attorney Paul Prendergast, Ph.D. Joins Kutak Rock

Retrieved on: 
Wednesday, March 29, 2023
Molecular biology, Patent, University of Colorado Denver, University, Biochemistry, Pathology, IP, IAM, Knowledge, Region, Pharmaceutical industry, Kutak Rock

DENVER, March 29, 2023 /PRNewswire/ -- Kutak Rock is pleased to announce that Paul Prendergast, Ph.D., an attorney with over 20 years of intellectual property experience, has joined Kutak Rock's intellectual property practice group in the Denver office.

Key Points: 
  • DENVER, March 29, 2023 /PRNewswire/ -- Kutak Rock is pleased to announce that Paul Prendergast, Ph.D., an attorney with over 20 years of intellectual property experience, has joined Kutak Rock's intellectual property practice group in the Denver office.
  • Dr. Prendergast focuses his practice on intellectual property assets, specifically matters related to patent prosecution, due diligence, and clearance.
  • "Paul enhances the overall versatility, depth, and bench experience of patent prosecution capabilities both locally in Denver and nationwide as part of Kutak Rock's national intellectual property & technology transactions practice group," said Tiffanie Stasiak, Regional Managing Partner, Kutak Rock Denver Office.
  • "I look forward to working with the team at Kutak Rock, a law firm with strong ties to the Denver area and a wide range of services across the U.S.," said Dr. Prendergast.