Starwood Land
Emberly, Sierra Vista, & Sterling Lakes North
Transaction Details
Project Name
Multiple Projects
Developer
Starwood Land
Bond Type
Current Interest Bond
Reserve Fund
$2.3MM
Yield
5.375%
Coupon Rate
5.375%
Total Par Amount
$44.3MM
Net Proceeds
$40MM
Maturity Date
12/2031
Other Transactions
LGI Homes, Inc.
LGI Homes Projects
-
Total Par Amount
$68.4MM
-
Net Proceeds
$66.33MM
City, Texas
Multiple Texas Markets
Bond Structure
Capital Appreciation Bond (CAB)
Impact Statement
Big Sky Estates, Colson Ranch, Park Vista @ El Tesoro, Lago Mar, Pinewood Trails, and Sweetwater Ridge
Provident Communities
Goodland Development
-
Total Par Amount
$54.65MM
-
Net Proceeds
$52.5MM
Starwood Land
Sunterra Lakes
-
Total Par Amount
$98.5 MM
-
Net Proceeds
$95.0 MM