Page 9 - BWC Higher Ed Flipbook

OUR RESULTS: RECENT FINANCINGS
CLIENT
DATE
AMOUNT ($ Millions)
LENDER
PROJECT OVERVIEW
AG Gaston Boys & Girls Club
2018
$10.0 million
PNC, Regions Bank, Hope Enterprise Corporation (NMTC allocatee)
Served as NMTC Consultant for project Sponsor to secure $10 million in NMTC allocation to develop and operate a new facility at the Birmingham CrossPlex in Birmingham, AL.
Novus Advanced Manufacturing
2018
$16.5 million
Stonehenge Capital (NMTC allocatee), US Bank
Served as NMTC Consultant for project Sponsor, minority business owner, on $17 million project funding for the expansion of its current operations in St. Joseph, TN
Cathedral High School, Los Angeles, CA
2018
$18.0 million
Citibank, Los Angeles Development Fund (NMTC allocatee)
BWC served as NMTC Consultant for project Sponsor in securing $18 million in NMTC allocation for a new state-of-the-art 21st Century Performing Arts Center.
CrossPlex Village (Phase I), Birmingham, AL
2017
$21.5 million
Empowerment Reinvestment Fund (NMTC allocatee), Stonehenge Capital (NMTC allocatee), Enhanced Community Development (NMTC allocatee), US Bank
Award winning project in which BWC served as both equity partner and NMTC Consultant for project Sponsor in securing $21 million for a mixed-use development that includes a 101-room Comfort Inn & Suites hotel, a Starbucks Commercial Center, and a collection of four eateries.
City of Rocky Mount, NC
2017
$22.0 million
Greenline Community Ventures (NMTC allocatee), Wells Fargo, City of Rocky Mount, Community Affordable Housing Equity Corporation (CAHEC)
Construction of a 154,000 SF multi-purpose hybrid Events Center in downtown Rocky Mount that includes a 4,500 SF health & wellness clinic that provides preventative health services.
Claflin University (Orangeburg, SC)
2017
$9.5 million
The University leveraged $5.5 million of its own funds. PNC Bank served as the investor and CHHS
Advised the University on a $9.5 million project to expand an existing campus facility and create a full- service Health and Wellness Center Complex.
Claflin University (Orangeburg, SC)
2016
$3 million
USDA Rural Development Community Facility
Advised the College through USDA Community Facility (CF) loan program for $3 million water infrastructure.
Texas College (Tyler, TX)
2014
$19 million
HBCU Capital Loan Program
Advised College through $19 million in HBCU Capital Loan for new 214-bed housing and subsequently worked to expand and connect the dining facility to the Student Activity Center (SAC) and augment every building on campus
Texas College (Tyler, TX)
2018
$7 million
Greenline Community Ventures (NMTC allocatee), Wells Fargo, City of Rocky Mount, Community Affordable Housing Equity Corporation (CAHEC)
Served as NMTC and HTC Consultant for Texas College to secure a $7 million NMTC financing. Project financing included the use of approximately $4 million dollars in State Historic Tax Credits to repair and enhance an existing facility.
Edgecombe County, NC
2014
$11.3 million
Greenline Community Ventures (NMTC allocatee), Wells Fargo, City of Rocky Mount, Community Affordable Housing Equity Corporation (CAHEC)
Advised Edgecombe Community College on $11.3 million financing through NMTC equity and state grant funding (Golden Leaf Grant) to develop a 44,978 SF Biotech and Medical Simulation Center.
Miles College (Fairfield, AL)
2010 - 2012
$30 million
Regions Bank tax-exempt and taxable bonds; Stonehenge Capital Development (SCD) and US Bank
Advised the College on securing financing for the new construction of three facilities
High Point University (High Point, NC)
2016
$10 million
Stonehenge Capital (NMTC allocatee), Wells Fargo
Served as the University's economic development advisor to bring a new business, graduate education for Physical Therapy and Physicians Assistant to the town and University.
University of Pikeville (Pikeville, KY)
2017
$8.5 million
Stonehenge Capital Development (SCD), AMCREF State NMTC and US Bank
As the economic development consultant raised the gap funding to purchase the equipment to complete the Optometry's School of medicine and it's five clinics.
The Wright Center for Graduate Education (Scranton, PA)
2019
$9.5 million
Primary Care Development Corp (PCDC) (NMTC allocatee), Wells Fargo
Served as NMTC Financial Advisor to secure debt and equity to complete the development of a new clinic and administrative offices.
Claflin University (Orangeburg, SC)
2013
$29.5 million
HBCU Capital Loan Program
Served as the University's Financial Advisor (FA) to refinance $17.5 million in a predatory loan the encumbered the entire campus and secure $12 million in new capital to construct a 200-bed co-ed residence hall with 21st century amenities like a wellness center and kitchen as well as new health clinic and other improvements.
TOTAL
$225 Million
3/26/2020 Private and Confidential 9