Preston Hollow, Dallas

Preston Hollow Community Capital Relocates to PwC Tower at Park District

Retrieved on: 
Thursday, July 20, 2023
Professional Services, Residential Building & Real Estate, Commercial Building & Real Estate, Finance, Construction & Property, Banking, HarbourVest Partners, PHCC, Education, Metroplex, K2, Workplace, JLL, Park district, Comerica Bank Tower, K-12, Jules Kroll, BBB, TIAA, Economic development, BHA, Preston Hollow, Dallas, GC

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, has relocated its headquarters to PwC Tower at Park District in Uptown Dallas.

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, has relocated its headquarters to PwC Tower at Park District in Uptown Dallas.
  • Jeff Funderburk of BHA designed the sixth-floor space for Preston Hollow, and Metroplex General Contractors served as GC for the project.
  • 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.
  • Since its inception, Preston Hollow has raised $1.6 billion in committed, permanent equity capital from premier sponsors like Stone Point Capital, HarbourVest Partners and TIAA.

Preston Hollow Capital Completes Follow on Financing for Ohio Municipal Redevelopment Financing

Retrieved on: 
Tuesday, July 27, 2021
Finance, Professional services, Commercial Building & Real Estate, Construction & Property, Urban planning, Preston Hollow, Dallas

Preston Hollow Capital (Preston Hollow), a provider of specialized impact financing solutions for projects of significant social and economic importance to local communities, today announced the successful completion of an additional $12 million tax-exempt bond financing for the City of Hamilton, Ohio.

Key Points: 
  • Preston Hollow Capital (Preston Hollow), a provider of specialized impact financing solutions for projects of significant social and economic importance to local communities, today announced the successful completion of an additional $12 million tax-exempt bond financing for the City of Hamilton, Ohio.
  • We are excited to expand our commitment to the City of Hamilton, added Ramiro Albarran, Co-Head of Transaction Originations at Preston Hollow Capital.
  • "Preston Hollow has been a tremendous partner, as Spooky Nook and the City of Hamilton constructed the capital stack for this catalytic project, said City Manager Joshua Smith.
  • Preston Hollow Capital provides specialized impact financing solutions for projects of significant social and economic importance to local communities in the United States.

Preston Hollow Capital Completes Financing for Walnut Creek Development

Retrieved on: 
Thursday, July 15, 2021
Architecture, Other Professional Services, Finance, Other Construction & Property, Banking, Training, Residential Building & Real Estate, Commercial Building & Real Estate, Professional services, Construction & Property, University, Education, REIT, Landscape, Construction, Preston Hollow, Dallas, Infrastructure, Walnut Creek, California, Walnut Creek, Cities in the United States

Preston Hollow Capital , an independent specialty municipal finance company supporting local communities through infrastructure financing, today announced the successful closing of a $4 million financing to fund infrastructure improvements at Walnut Creek development -- an 868-acre master-planned residential community located in Lancaster County, South Carolina.

Key Points: 
  • Preston Hollow Capital , an independent specialty municipal finance company supporting local communities through infrastructure financing, today announced the successful closing of a $4 million financing to fund infrastructure improvements at Walnut Creek development -- an 868-acre master-planned residential community located in Lancaster County, South Carolina.
  • Proceeds from the financing will help construct public improvements as part of the larger Walnut Creek development, including the construction of public roadways, storm drainage, and other infrastructure needs as part of the development.
  • Consistent with our mission of providing financing to meet the growing infrastructure needs of communities across the country, we believe our work on behalf of Walnut Creek will advance that communitys development efforts and pave the way for a successful, new community, remarked Preston Hollow Managing Director Ramiro Albarran.
  • Preston Hollow Capital provides specialized impact financing solutions for projects of significant social and economic importance to local communities in the United States.

Preston Hollow Capital Signs Lease for Revitalization Project at Brooks in San Antonio

Retrieved on: 
Monday, July 12, 2021
Banking, Other Defense, Professional services, Training, Other Construction & Property, Defense, University, Construction & Property, Education, Other Professional Services, REIT, Finance, Foreign relations of Slovenia, Government of Slovenia, Brooks, San Antonio, Brooks, Preston Hollow, Dallas, Ministry of Foreign Affairs

Preston Hollow Capital , an independent specialty municipal finance company that supports local communities through infrastructure financing, today announced the successful execution of a ground lease with Brooks Development Authority (Brooks) - a 1,308-acre community in San Antonio, Texas owned and managed by the Brooks Development Authority.

Key Points: 
  • Preston Hollow Capital , an independent specialty municipal finance company that supports local communities through infrastructure financing, today announced the successful execution of a ground lease with Brooks Development Authority (Brooks) - a 1,308-acre community in San Antonio, Texas owned and managed by the Brooks Development Authority.
  • Brooks was created in 2001 by the United States Congress, the State of Texas and the City of San Antonio to redevelop the former Brooks Air Force Base.
  • Consistent with Preston Hollows mission, this project was conceived with four key, socially-focused objectives in mind, said Preston Hollows Co-head of Originations, Ramiro Albarran.
  • Preston Hollow has invested in Brooks since 2015, funding various real estate and infrastructure projects on the Brooks Campus.

Preston Hollow Announces Financial Restructuring with Blue School

Retrieved on: 
Friday, July 9, 2021
Finance, Other Education, Professional services, Other Professional Services, Education, Preston Hollow, Dallas, Preston, Hollow

Preston Hollow Capital (PHC), an independent specialty municipal finance company that supports local communities through infrastructure financing, today announced that it has successfully closed a financial restructuring settlement in collaboration with New York-based Blue School.

Key Points: 
  • Preston Hollow Capital (PHC), an independent specialty municipal finance company that supports local communities through infrastructure financing, today announced that it has successfully closed a financial restructuring settlement in collaboration with New York-based Blue School.
  • Significant COVID-related challenges during the 2020-2021 school year resulted in reduced student enrollment and increased operating expenses and compelled the School to right-size its operations for the 2021-2022 school year.
  • Charlie Visconsi, Preston Hollows Co-Head of Originations, added, We were able to support Blue School in 2016 with their financing that helped support growth and new opportunity.
  • About Preston Hollow Community Capital, Inc.
    Preston Hollow Community Capital, Inc. provides specialized impact financing solutions for projects of significant social and economic importance to local communities in the United States.

Preston Hollow Community Capital, Inc. Files Registration Statement for Proposed Initial Public Offering

Retrieved on: 
Tuesday, July 6, 2021
Construction & Property, Finance, Public relations, Investor relations, Banking, REIT, Communications, Professional services, Training, University, Education, Financial markets, Finance, Financial economics, Equity securities, Stock market, Corporate finance, Initial public offering, Stock, Preston Hollow, Dallas

The number of shares to be offered and the price range for the proposed offering have not yet been determined.

Key Points: 
  • The number of shares to be offered and the price range for the proposed offering have not yet been determined.
  • Preston Hollow has applied to list its Class A common stock on the New York Stock Exchange.
  • A registration statement on Form S-1 relating to the proposed initial public offering has been filed with the SEC but has not yet become effective.
  • About Preston Hollow Community Capital, Inc.
    Preston Hollow Community Capital, Inc. provides specialized impact financing solutions for projects of significant social and economic importance to local communities in the United States.

Preston Hollow Capital Provides Update on RiversEdge Development in Jacksonville, FL

Retrieved on: 
Thursday, July 1, 2021
REIT, Finance, Professional services, Commercial Building & Real Estate, Construction & Property, Geography of Florida, Preston Hollow, Dallas, Jacksonville, Florida, Cities in the United States, Preston, Political divisions of the United States

Preston Hollow Capital , an independent specialty municipal finance company that supports local communities through creative, flexible and dependable infrastructure financing, today provided an update for RiversEdge, a 32-acre riverfront development in Jacksonville, FL.

Key Points: 
  • Preston Hollow Capital , an independent specialty municipal finance company that supports local communities through creative, flexible and dependable infrastructure financing, today provided an update for RiversEdge, a 32-acre riverfront development in Jacksonville, FL.
  • Contemporaneous with the infrastructure work, Preston Hollow is readying land for sale to vertical developers for construction of 950 residences along with retail, office and hotel space.
  • Preston Hollow understands the importance of RiversEdge to the downtown Jacksonville community, added Preston Hollow Managing Director Ramiro Albarran.
  • Preston Hollow Capital is a market leader in providing specialized impact financing solutions for projects of significant social and economic importance to local communities in the United States.

 Preston Hollow Capital Completes Ohio Municipal Redevelopment Financing Under Challenging Tax-Exempt Market Conditions

Retrieved on: 
Wednesday, March 25, 2020
Commercial Building & Real Estate, Construction & Property, Professional services, Finance, Preston Hollow, Dallas, Bond, Preston, Municipal bond

Preston Hollow Capital (PHC), an independent specialty municipal finance company based in Dallas, announced today the successful completion of a $38 million tax-exempt bond financing for the City of Hamilton, Ohio.

Key Points: 
  • Preston Hollow Capital (PHC), an independent specialty municipal finance company based in Dallas, announced today the successful completion of a $38 million tax-exempt bond financing for the City of Hamilton, Ohio.
  • The bonds were issued by the Hamilton Community Authority and placed with Dallas-based Preston Hollow Capital.
  • Hamilton is thrilled to partner with a premier financial institution like Preston Hollow Capital, said Joshua Smith, City Manager of Hamilton.
  • Were proud to have delivered on our commitment toward this exciting project under extraordinarily difficult market conditions, added Ramiro Albarran, Co-Head of Transaction Originations at Preston Hollow Capital.

Howard University and Preston Hollow Capital Receive Washington, DC Revenue Bond Deal of the Year Award

Retrieved on: 
Tuesday, December 17, 2019
Education, Professional services, University, Finance, African-American people, Christians, Harriet Tubman, Hodge, Preston Hollow, Dallas, Harriet, Films

Dallas-based Preston Hollow Capital, an independent specialty municipal finance company, today announced that the Washington, DC Economic Partnership (WDCEP), which promotes DCs economic and business opportunities, has presented Howard University with the 2019 Michael V. Hodge Revenue Deal of the Year Award for the Universitys Harriet Tubman Quadrangle Project.

Key Points: 
  • Dallas-based Preston Hollow Capital, an independent specialty municipal finance company, today announced that the Washington, DC Economic Partnership (WDCEP), which promotes DCs economic and business opportunities, has presented Howard University with the 2019 Michael V. Hodge Revenue Deal of the Year Award for the Universitys Harriet Tubman Quadrangle Project.
  • Preston Hollow Capital is the sole investor on the nearly $70 million financing, which closed in June 2019.
  • View the full release here: https://www.businesswire.com/news/home/20191217005184/en/
    Preston Hollow Capital's Ramiro Albarran and Matt Levin join Howard University in accepting the 2019 Michael V. Hodge Revenue Deal of the Year Award.
  • The Michael V. Hodge Revenue Deal of the Year Award honors the District of Columbia Revenue Bond Programs top revenue bond-financed deal based on the contribution to the District and unique financing structure.