Confluence

We are pleased to announce the successful closing of a Launch Bond® for Bitterblue, Inc. and their Confluence Development. 

Confluence is a 575-acre master-planned community located in Guadalupe County, Texas. Positioned just north of Interstate 10 and south of FM 78, Confluence offers regional connectivity and a direct access to major employment hubs like Joint Base San Antonio-Randolph as well as the expanding commercial centers of Schertz and Cibolo.  

At full buildout, Confluence is planned to feature more than 1,500 single-family residential lots. Designed to enrich the master-planned experience, the community boasts a premier amenity center complete with a clubhouse, pool, and pickleball courts. Residents can also enjoy dynamic water features, pocket parks with playgrounds, and an interconnected network of greenbelts and walking trails. 

The non-recourse, tax-exempt Launch Bond® is collateralized solely by the assignment of future MUD bond proceeds until the principal and accrued interest is retired. The proceeds will be utilized by the developer to reimburse and fund approximately $23.3 million in eligible MUD improvements.